FacebookTwitterEmailLinkedin J Ocean Heavy Industries signed a letter of intent to build four 114,000-ton-class crude oil and petroleum product carriers for a shipowner in the Oceania region, marking an important step toward restarting full-scale shipbuilding at the Gunsan Shipyard, which has been inactive for about nine years. According to Korean news sources, the Gunsan Shipyard, completed in 2010 by HD Hyundai Heavy Industries, stopped building complete vessels in 2017 due to a lack of orders and has since operated only as a block production facility. The yard is now in the process of being acquired by J Ocean Heavy Industries, an entity established by Eco Prime Marine Pacific, the largest shareholder of HJ Shipbuilding & Construction. RelatedNews PowerCell Group to supply hydrogen fuel cell systems for LH2 Shipping Mooring rope accident at shipyard leaves worker dead var jnews_module_21377015_0_6a42717f3edcd = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21377015","include_category":"","exclude_category":"","include_author":"","include_tag":"1189,433,358","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showt