Samsung Heavy Industries & Swan Defence forge partnership for shipbuilding & offshore engineering

Samsung Heavy Industries and Swan Defence Join Forces for Advanced Shipbuilding

Samsung Heavy Industries has signed a memorandum of understanding with India’s Swan Defence to collaborate in shipbuilding and offshore engineering. This partnership will enhance engineering, procurement, and project management efforts, leveraging Swan Defence’s infrastructure. It aligns with India’s significant investments in the maritime sector, positioning the country as a global player.

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An AI rendering of the nuclear-powered LNG carrier design provided by the Korea Atomic Energy Research Institute.

MSR-Powered LNG Carrier gets ABS Approval in Principle

The Korea Atomic Energy Research Institute and Samsung Heavy Industries have achieved a groundbreaking milestone by obtaining the world’s first Approval in Principle for an LNG carrier powered by a small modular salt reactor. This innovative reactor technology promises enhanced safety and efficiency, marking a significant advancement in maritime drive technology.

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