A world’s first ship-to-ship LNG bunkering trial has been completed in South Korea by Daewoo Shipbuilding & Marine Engineering (DSME) and Korean Register (KR).

Membrane-type containment systems designer GTT has been slapped with an administrative fine of about EUR9.5m ($11.3m) by the Korea Fair Trade Commission (KFTC) over non-compliant practices in South Korea.

The Korean Register (KR) has completed its first remote hull inspection survey using a drone and crawler without scaffolds.

Shipowner HMM has opened a new Fleet Control Centre located at its R&D facilities in Busan, South Korea.

The South Korean government has pledged a hefty KRW1.25trn ($1bn) to support the country’s ailing shipping industry severely impacted by the coronavirus (COVID-19) outbreak.

South Korea’s Hyundai Heavy Industries (HHI) Group has clinched newbuilding orders totalling KRW266.6bn ($230m) for four MR tankers and one VLCC.

South Korea’s Hyundai Heavy Industries Group is aiming to secure $15.9bn worth of new order deals for 2020.