Offshore

“Building an ‘Energy Expressway’ on Offshore Wind”

Korean shipbuilders pivot to renewable offshore infrastructure… creating new demand and vessel types ■ Government: “Shipbuilding to anchor the offshore energy supply chain” The Korean government is launching a..

News > Offshore > 2025-07-01 08:07:26

LS Marine Solution orders cable-laying vessel from Tersan

South Korean marine cable solution provider LS Marine Solution has selected Tersan Shipyard in Turkiye to build a next-generation cable-laying vessel. According to industry sources, through this contract, LS Marine Solution will begi..

News > Offshore > 2025-06-30 11:36:24

LS Group Places ₩298.4B ($215M) Bet Ahead of Contract

LS Cable Pushes Forward with Submarine Cable-Laying Vessel Investment LS Cable fully subscribes to LS Marine Solution’s ₩298.4B ($215M) rights issue Investment made before final shipyard deal—A bold HVDC market move Ult..

News > Offshore > 2025-06-29 13:56:38

Offshore Wind Moves Into Execution Phase

Korea Launches 100 Trillion Won Market Drive with Policy Push and Industry Response Yoon Gov’t Targets 14.3GW by 2030 – SK Ocean, LS, Doosan, HD Hyundai All Set Gov’t Targets 14.3GW Offshore Wind by 2030 — Fu..

News > Offshore > 2025-06-29 13:46:27

KR okays KRISO's TLP floating offshore wind system

The Korea Research Institute of Ships and Ocean Engineering (KRISO) announced on the 26th that it has developed the nation’s first 15MW-class TLP (Tension Leg Platform) floating offshore wind power system and obtained Approval in ..

News > Offshore > 2025-06-26 14:51:39

K-Offshore Wind Power Sparks Race for Next-Generation Energy Dominance

Jeonnam secures 18.7GW—targets new Ministry of Climate & Energy Ulsan, Busan, Gwangju push for ministry authority realignment New gov’t plan to combine wind power with AI data centers fuels regional rivalry High LCOE,..

News > Offshore > 2025-06-26 08:49:35

"U.S. Offshore Wind Expands to 40 States" Korean Shipyards Refocus Bidding Strategy on Three Fronts

With $25 billion (KRW 34 trillion) in cumulative offshore wind investments and over 2,000 contracts across 40 states, the U.S. wind sector is moving into full industrial scale. This means Korean shipbuilders — traditionally foc..

News > Offshore > 2025-06-25 16:34:34

"New projects may resolve LNG shipping slump"

Experts have suggested that the imbalance in the global LNG shipping market fleet could be offset by increased natural gas supply. Greek shipbroker Intermodal Shipbrokers stated in a report, “The global LNG carrier market is cu..

News > Offshore > 2025-06-25 14:32:19

“SK Oceanplant Valuation on the Rise”

Offshore Wind Momentum Revives Sale Talks New administration’s green energy push boosts valuation outlook Unique edge in substructure manufacturing draws buyer interest Hanwha Ocean cited as a likely strategic bidder SK Oc..

News > Offshore > 2025-06-24 08:55:42

“Offshore Wind Needs Infrastructure First”

Korea’s 100 Trillion-Won ‘Energy Superhighway’ Enters Fast Lane Government unveils nationwide U-shaped offshore grid HVDC, ESS, and industrial zone links included “No power grid, no wind energy”—..

News > Offshore > 2025-06-24 08:51:31