General
HHIC exits capital impairment
Hanjin Heavy Industries and Construction (HHIC) submitted a third-party audit report proving that the company ended its capital impairment. The company stated that “as the result of a third party audit, the total capital of the company as of...
2019-04-02 15:32:15
Sungdong’s taking a long walk to find a new owner
It seems the disposal of Sungdong Shipbuilding & Marine Engineering, which has failed twice, would take more time. Changwon District Court announced that the advising company Samil PwC again tried the disposal through a stalking-horse bid,...
2019-04-02 14:51:25
ClassNK releases its Cyber Security Approach
Leading classification society ClassNK has released the ClassNK Cyber Security Approach which outlines its basic approach to ensuring onboard cyber security for ships. It was released alongside its Guidelines for Designing Cyber Security Onboard ...
2019-04-02 08:37:38
UIPA uses ICT in shipbuilding & offshore sector
The Ulsan ICT Promotion Agency (UIPA) had a briefing session on 'project to set up integrated control room' on March 26 at Ulsan Venture Building, Ulsan Metropolitan City, Korea. The project of which the value is KRW 747.5m (approximately $660...
2019-04-02 08:16:40
HCE develops unmanned forklift
Hyundai Construction Equipment (HCE) has succeeded in developing autonomous unmanned forklift (truck), which will come into the market this month, for the first time in Korea. HCE has recently gave the presentation and demonstration of the new...
2019-04-02 08:15:21
Hyundai Robotics reveals 'H!-FACTORY'
Hyundai Robotics has recently announced that the robot business division of Hyundai Heavy Industries (HHI) Holdings participated in the 'Smart Factory + Automation World 2019', which was held at KOEX, Seoul, Korea, during March 27-29, to present ...
2019-04-02 08:12:39
Big 3 gathering at Shanghai 'LNG 19'
Korean ‘Big 3’ yards are gathering in a Chinese event in marketing endeavor. Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI), and Daewoo Shipbuilding & Marine Engineering (DSME) is participating in the ‘2019 LNG 19 (Th...
2019-04-02 08:12:15
New Dae Sun President inaugurated
Lee Soo-geun, new President of Dae Sun Shipbuilding and Engineering, was inaugurated on April 1.  Starting his career at Hyundai Heavy Industries (HHI) in 1978, Lee served as ship design director at Hyundai Mipo Dockyard (HMD), before bei...
2019-04-02 08:11:19
New DSME CEO pledges 'independent management'
Newly appointed CEO of Daewoo Shipbuilding & Marine Engineering (DSME) Lee Sung-geun gave an inaugural speech on April 1, promising his very best to empower DSME for continued, solid independent management. After expressing thanks to the f...
2019-04-01 14:26:56
"DSME's management system to be maintained"
Han Young-Seok, co-CEO of Hyundai Heavy Industries (HHI), released a statement to executives and employees on March 28, noting, "There are some concerns over our idle manpower being turned over to Daewoo Shipbuilding & Marine Engineering (DSM...
2019-04-01 08:10:56
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