Outside interrup Hanjin restructuring [General]
The Korea Employers Federation (KEF) has expressed concerns over the layoff issued by Hanjin Heavy Industries & Construction against around 400 workers at Hanjin's Youngdo yard as labor-management conflicts are getting intensified. KEF said, "Han...
2011-01-18 06:54:51
Offshore biz emerges fast [Offshore]
Offshore plant projects are emerging fast as a new growth engine in Korea's shipbuilding industry. Total new order target of Korea's big seven shipyards, including Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering, Samsung Heavy I...
2011-01-18 06:49:41
Hyundai close to 100m GT [Shipbuilding]
Korea's Hyundai Heavy Industries seems to be the first shipyard worldwide to exceed 100m GT in terms of combined newbuilding output of commercial ships. Hyundai is expecting to surpass 100m GT in combined newbuilding output in April and planning ...
2011-01-18 06:44:28
Hudong formally signs four LNG tankers [Shipbuilding]
On January 15th, China State Shipbuilding Corporation (CSSC) held a signing ceremony with Exxon Mobil and Mitsui O.S.K. Lines (MOL). Hudong Zhonghua Shipbuilding, inferior to CSSC, will build four-unit LNG tankers for MOL. It was the first time t...
2011-01-17 13:24:33
CSBC refutes rumors of gov't help [Shipbuilding]
Taiwan's CSBC Corp has dismissed reports claiming the Taipei government has given it a helping hand in its battle to win a contract for 10 8,000-teu newbuildings. Taiwan’s Ministry of Economic Affairs is said to have asked domestic steel maker ...
2011-01-17 12:42:48
Politicians handle Hanjin's layoff [General]
Korea's political circles have earnestly come forward to settle the layoff affair issued by Hanjin Heavy Industries & Construction. Busan-based four political parties - the Democratic Party, the Democratic Labor Party, New Progressive Party and t...
2011-01-17 12:17:23
Hyundai opens engineering center [General]
Korea's Hyundai Heavy Industries has announced that it will establish an engineering center in its company building in Gyedong, Seoul, and recruit 130 professional workers by this month. This is the first time for the company to carry out a large-...
2011-01-17 11:41:46
KOGAS-Big 3 develope LNG Eco-ship [General]
Korea Gas Corporation (KOGAS) and Korea's big three - Hyundai Heavy Industries and Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering - will join forces to develop LNG-fueled ships that attract eyes as an eco-ship. Some researc...
2011-01-17 11:09:44
Hyundai in talks for Hanjin boxships [Shipbuilding]
Hyundai Heavy Industries is in discussions with Hanjin Shipping to build 3,600-teu and 4,600-teu ships. Hanjin Shipping is looking to book up to eight containerships. An industrial official said, “Hanjin has more or less finalised the 3,600...
2011-01-17 08:34:53
Japanese may win LNG carriers [Shipbuilding]
Japanese shipbuilders, starved of LNG carrier orders, are expected to win some newbuilding orders this year as domestic utilities are expected to move forward on a number of LNG-newbuilding projects this year on the back of a slew of recent term LNG ...
2011-01-17 08:29:52
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