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DSME
Daewoo Shipbuilding & Marine Engineering Co., Ltd ( ko, 대우조선해양; abbreviated DSME) is one of the "Big Three" shipbuilders of South Korea, along with Hyundai and Samsung. History On 21 February 2011, the A. P. Moller-Maersk Group (Maersk) ordered 10 large container ships from DSME, each with a capacity of 18,000 containers, surpassing the then record holder; the Mærsk E-class at 15,200 containers. The contract is worth $1.9bn. The first was to be delivered in 2014. In June 2011, Maersk ordered ten more, for another $1.9bn. The new class is called the Triple E class. On December 20, 2011, Daewoo Shipbuilding Marine Engineering won the largest single defense contract by a Korean firm; valued at $1.07 billion to build three Indonesian submarines. It also would mark the first exports of submarines from South Korea. On 22 February 2012, a £452 million order was placed with DSME for four 37,000 tonne double hulled 'MARS' fast fleet tankers by Britain's Ministry of D ...
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Chang Bogo-class Submarine
The ''Jang Bogo''-class submarine (Hangul: 장보고급 잠수함, Hanja: 張保皐級潛水艦, formerly romanised as ''Chang Bogo'') is a variant of the Type 209 diesel-electric attack submarine initially developed by Howaldtswerke-Deutsche Werft (HDW) of Germany, intended for service with the South Korean Navy and Indonesian Navy. A Daewoo (DSME)-upgraded model of the ''Jang Bogo'' class Type 209 was exported by Korea to Indonesia in 2012, amid heavy competition from Russian, French, and German-Turkish consortiums including from Germany's original Type 209.Korea wins $1 bil. Indonesian deal
The variant was considered for possible purchase by Thailand as well, as both newly built and second-hand options. The class is named for ancient Korean maritime figure
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MARS Tanker
The Tide-class tanker (formerly the Military Afloat Reach and Sustainability (MARS) project) is a class of four fast fleet tankers that entered service with the British Royal Fleet Auxiliary from 2017. The 37,000 t ships provide fuel, food, fresh water, ammunition and other supplies to Royal Navy vessels around the world. Norway ordered a similar 26,000 t version with a 48-bed hospital and greater solid stores capacity, but reduced liquid capacity; it was delivered in November 2018 as HNoMS ''Maud'' two years after originally planned. The two classes are very similar, but are not directly comparable due to large variance in capabilities delivered. The two variants are both based on the AEGIR design from Britain's BMT Defence Services but were built by Daewoo in South Korea with final outfitting in the UK and Norway respectively. Britain ordered four ships in February 2012 at a cost of £452m for the building of the hulls, but in the end became £550m. The Norwegian Navy order ...
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Okpo-dong
Okpo is a neighborhood in the city of Geoje in South Gyeongsang Province, South Korea. The village is located on the eastern coast of Geoje Island and a center of the island. Geoje in Korean means "great rescue", from the syllables "geo" (Korean: 거; Hanja: 巨) meaning great, and "je" (Korean: 제; Hanja: 濟) meaning rescue. The Daewoo Shipbuilding & Marine Engineering (DSME) shipyard is located close to the town. A large portion of DSME employees live in Okpo, and DSME jackets are a common sight in the town at night. There are very few standalone houses in Okpo and most residential accommodation is fulfilled by high-rise apartments. Rent is high. There are a number of local accommodation agencies offering apartments for rent to incoming foreigners, as well as other supporting services. Okpo has a large foreign transient population due to the shipyards. As a result there is a 'Foreigner's Club' by the Admiral Hotel which is run by the local expat residents themselves. There a ...
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Maersk Triple E Class
The Triple E class is a family of very large container ships with a capacity of more than 18,000 TEUs, which are owned and operated by Maersk Line. With a length of , when they were built they were the largest container ships in the world, but were subsequently surpassed by larger ones such as . In February and June 2011, Maersk Line awarded Daewoo Shipbuilding & Marine Engineering two US$1.9 billion contracts ($3.8bn total) to build twenty ships of this class. The name "Triple E" is derived from the class's three design principles: "Economy of scale, Energy efficiency, and Environmental impact improvement". The ships are long and wide. While only longer and wider than the , the Triple E ships are able to carry 2,500 more containers. With a beam of 59 metres, they are too wide to traverse the Panama Canal, but can easily transit the Suez Canal. One of the class's main design features is its dual , eight-cylinder, ultra-long stroke two-stroke diesel engines, driving tw ...
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Floating Production Storage And Offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker (like the ''Seawise Giant'') or can be a vessel built specially for the application. A vessel used only to store oil (without processing it) is referred to as a floating storage and offloading (FSO) vessel. The first of a related type, floating liquefied natural gas vessels, went into service in 2016. Types FPSOs are classified into the following types. ...
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Yamal LNG
Yamal LNG (russian: ОАО "Ямал СПГ") is a joint venture based around a liquefied natural gas plant located in Sabetta at the north-east of the Yamal Peninsula, northwest Siberia, Russia. In addition to the LNG plant, the project includes production at the Yuzhno-Tambeyskoye gas field, and the transport infrastructure, including the Sabetta seaport and airport. History Yamal LNG project was proposed when the company with the same name and controlled by Gennady Timchenko and Pyotr Kolbin got a license for the Yuzhno-Tambeyskoye gas field in 2005. Novatek took control of Yamal LNG in 2009. Another project named Yamal LNG was proposed by Gazprom. In November 2008, Gazprom announced that it prepared a list of potential partners for the LNG plant of the Yamal project. Although the list was not disclosed, Gazprom indicated that ExxonMobil and ConocoPhillips were included on the list. Also Royal Dutch Shell, Repsol YPF and Petro-Canada were mentioned as potential partne ...
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Royal Fleet Auxiliary
The Royal Fleet Auxiliary (RFA) is a naval auxiliary fleet owned by the UK's Ministry of Defence. It provides logistical and operational support to the Royal Navy and Royal Marines. The RFA ensures the Royal Navy is supplied and supported by providing fuel and stores through replenishment at sea, transporting Royal Marines and British Army personnel, providing medical care and transporting equipment and essentials around the world. In addition the RFA acts independently providing humanitarian aid, counter piracy and counter narcotic patrols together with assisting the Royal Navy in preventing conflict and securing international trade. They are a uniformed civilian branch of the Royal Navy staffed by British merchant sailors. RFA personnel are civilian employees of the Ministry of Defence and members of the Royal Naval Reserve and Sponsored Reserves. Although RFA personnel wear Merchant Navy rank insignia with naval uniforms, they are part of the Royal Navy. RFA vessels a ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Samsung Heavy Industries
Samsung Heavy Industries Co., Ltd. ( Korean: 삼성중공업) is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders of South Korea (including Hyundai and Daewoo). Geoje (in Gyeongsangnam-do) is one of the largest shipyards in the world, having 3 dry docks and 5 floating docks. A core subsidiary of the Samsung Group, South Korea's largest conglomerate, SHI's main focus is on the engineering, procurement, construction, commissioning and the delivery of: transportation ships for the commercial industry, topsides modules, drilling and floating production units for the oil and gas sector, gantry cranes for fabrication yards, digital instrumentation and control devices for ships, and other construction and engineering services. SHI operates manufacturing facilities at home and abroad, including ship block fabrication factories in Ningbo and Rongcheng, China. The Geoje Shipyard in particular, SHI's largest shipyard in South Korea, boasts the highe ...
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Aker Arctic
Aker Arctic Technology Oy (often shortened to Aker Arctic) is a Finnish engineering company that operates an ice model test basin in Helsinki. In addition to ship model testing, the company offers various design, engineering and consulting services related to icebreakers, other icegoing vessels and arctic offshore projects as well as full scale trials, field expeditions and training for icy conditions. Formerly the arctic research centre of Wärtsilä and later Masa-Yards, Aker Arctic was established on 30 December 2004 as an independent company with Finnish Industry Investment Ltd, ABB and Aker Solutions as its current shareholders. Aker Arctic and its predecessors have designed more than half of the world's icebreakers.Company
. Aker Arctic.
In addition, the company is responsible for a number of recent inventions in the design of iceg ...
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Liquefied Natural Gas
Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state (at standard conditions for temperature and pressure). LNG is odorless, colorless, non-toxic and non-corrosive. Hazards include flammability after vaporization into a gaseous state, freezing and asphyxia. The liquefaction process involves removal of certain components, such as dust, acid gases, helium, water, and heavy hydrocarbons, which could cause difficulty downstream. The natural gas is then condensed into a liquid at close to atmospheric pressure by cooling it to approximately ; maximum transport pressure is set at around ( gauge pressure), which is about one-fourth times atmospheric pressure at sea level. The gas extracted from underground hydrocarbon deposits contains a varying m ...
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Ministry Of Defence (United Kingdom)
The Ministry of Defence (MOD or MoD) is the department responsible for implementing the defence policy set by His Majesty's Government, and is the headquarters of the British Armed Forces. The MOD states that its principal objectives are to defend the United Kingdom of Great Britain and Northern Ireland and its interests and to strengthen international peace and stability. The MOD also manages day-to-day running of the armed forces, contingency planning and defence procurement. The expenditure, administration and policy of the MOD are scrutinised by the Defence Select Committee, except for Defence Intelligence which instead falls under the Intelligence and Security Committee of Parliament. History During the 1920s and 1930s, British civil servants and politicians, looking back at the performance of the state during the First World War, concluded that there was a need for greater co-ordination between the three services that made up the armed forces of the United Kingdom: t ...
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