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HHI lays off executives first
Hyundai Heavy Industries Group carried out executive changes towards its shipbuilding subsidiaries for 1H with cutting 25% jobs on April 28. A Hyundai officer said, “As we are confronted with the worst order shortage, the group decided to co...
2016-04-29 07:03:28
HHIC ends co-CEO system
Hanjin Heavy Industries & Construction announced through Korea Exchange on March 29 that the company named existing head Ahn Jin-Gyu as a single CEO, ending co-CEO system.   The company explained, "The system change is intended for...
2016-03-30 07:11:52
HHI welcomes Choi and Kwon again
Hyundai Heavy Industries held the 42nd regular shareholder meeting on March 25 at the Hanmaum Center, Dong-gu, Ulsan Metropolitan city of Korea.  On the day, CEO and Chairman Choi Kil-Sun and CEO and President Kwon Oh-Gap were appointed a...
2016-03-28 06:59:59
ClassNK welcomes new executives
ClassNK conveyed on March 7 that the current Executive Vice President Koichi Fujiwara has been appointed as Chairman and President as well as a Representative Director of leading classification society ClassNK, effective 7 March 2016. Current Exe...
2016-03-09 07:16:09
Park chosen as KOMEA Chairman again
Park Yoon-So, Chairman of the Korea Marine Equipment Association (KOMEA), has been elected for the second term through the 36th KOMEA regular general meeting which was held on February 26 at Paragon Hotel, Busan Metropolitan city of Korea. As the...
2016-03-03 07:05:46
SHI newly appoints manufacturing head
Kim Jong-Ho, president of Global Technology Center of Samsung Electronics, has been newly elected to be the production head of Samsung Heavy Industries as of March 1.  Samsung Heavy said Mr. Kim joined Samsung Electronics in 1983 and fill...
2016-03-02 07:05:55
HHI chooses Choi and Kwon once more
Hyundai Heavy Industries held a board meeting on February 25 and decided to refer a bill to the regular shareholder meeting, which will be held on March 18 in Ulsan Metropolitan City of Korea, for reappointment (a period of two years) of CEO and ...
2016-02-29 11:34:31
KNOC new president takes office
Korea National Oil Corporation (KNOC) inaugurated a new president, Kim Jeong-Rae, at its Ulsan headquarter on February 2.  Kim joined Hyundai Engineering & Construction in 1976 and he served as president of Hyundai Heavy Industries af...
2016-02-04 07:12:35
Taiwan's Evergreen group founder dies at 88
Chang Yung-fa, founder of Evergreen Group, died at 11:05 a.m. on January 20. He was 88.  He established Evergreen Marine Corporation in 1968, starting with buying a secondhand general cargo vessel, and then he expanded business fro...
2016-01-21 10:31:17
SHI promotes 10 directors
After its executive-level reshuffle on December 1, Samsung Group announced a result of the annual director changes by each subsidiary on December 4.  It has turned out that a total of 294 directors of the group were promoted, showing a de...
2015-12-07 07:08:51
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