Goseong obtains project approval
The way has been paved for activating a special shipbuilding and offshore industry zone in Goseong-gun, South Gyeongsang Province, Korea. Goseong-gun asked the Ministry of SMEs and Startups (MSS) to revise its original plan for the speci...
Sungdong contributed to everyday lives
Volunteers from Sungdong Shipbuilding & Marine Engineering donated over a ton of rice to Tongyeong and Goseong area communities. Sungdong is continuing is community service even in the dire moment when the company is facing M&A. Its re...
Golden Pass LNG got FID
ExxonMobil and partner Qatar Petroleum said they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. Construction will begin in the first quarter of 2019 and th...
Amsterdam fortifying cyber-castle
The Netherlands is one of the world's top three countries affected by cyber attacks. Ports are particularly vulnerable, as they have a wide range of information systems and their data is used by many different parties. This is the reason why Port...
"Buying DSME is way to maintain No.1 place"
Han young-Seok and Ka Sam-Hyun, co - CEOs of Hyundai Heavy Industries (HHI), noted through their statement to executives and staff members on February 1, "We take over Daewoo Shipbuilding & Marine Engineering (DSME) in order to maintain our N...
SHI considers buying DSME
Samsung Heavy Industries (SHI) announced on January 31 that the Korean shipbuilding heavyweight looks favorably on an offer it had from Korea Development Bank (KDB) regarding the acquisition of Daewoo Shipbuilding & Marine Engineering (DSME)....
HHI eyeing HHIC Subic too?
Sources reported that Hyundai Heavy Industries (HHI) is one of the potential buyers interested in HHIC-Phil, or, Subic Shipyard. On February 6, local media at the Philippines cited the Secretary of National Defense of the Philippines Delfin Lo...
HHI·SHI reviewing DSME deal
Hyundai Heavy Industries (HHI) Vice President Cho Yeong-cheol commented on January 31 that “KDB will give the same offer (HHI received) to Samsung Heavy Industries.” “SHI has a review period until February 28, and the final result is sub...
Tsuneishi factory get health & safety cert
The Tsuneishi Factory (Director & Tsuneishi Factory Manager: Takuma Ashida) of TSUNEISHI SHIPBUILDING Co., Ltd. (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan; President: Kenji Kawano), which engages in newbuildings, was grante...
Wärtsilä goes restructuring
Wärtsilä Corporation will initiate a formal process to realign its operations and resources to secure future profitability and competitiveness. The Group-wide program emphasises sustainable savings and actions that increase customer value in an...
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