COSCO SHIPPING builds smart, integrated global ecosystem

COSCO is integrating cutting-edge technologies like the Internet of Things (IoT) to drive the high-quality development of industrial and supply chains. The firm’s IoT technology was initially deployed in reefer containers, which demand precise temperature and...
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South Korea Unveils Roadmap for Offshore Wind Tenders

South Korea has launched its master plan for offshore wind leasing, and is preparing for its first series of large-scale offshore wind tenders. The new roadmap was unveiled by the Trade, Industry and Energy Vice Minister Namho Choe, during a conference last week with...
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VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Limited (also known as Dragon LNG), according to the company’s release. The other 50% of the terminal is owned by Shell. This follows the announcement of...
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HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

South Korea’s HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU). HD Hyundai Marine Solution announced on Sunday that it signed a $30 million contract with a European shipping company...
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