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Hyundai opens engineering center
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
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
Drydocks & DNV cooperate
Drydocks World and DNV have entered into a cooperation agreement focusing on innovation and operational efficiency. DNV will provide technical assistance to Drydocks World’s innovative projects, and support the yard with technical expertise in conv...
2011-01-17 08:12:14
"Difficulties ahead"
Oh Byeong-uk, chairman of the Korea Shipbuilders' Association (Koshipa) and president of Korea's Hyundai Samho Heavy Industries, made a statement in New Year's speech. "I would like to ask all of you for your constant challenge and passion for th...
2011-01-17 07:06:04
IHIMU looking for a way out
Japan's IHIMU, shipbuilding subsidiary of IHI Corporation, is promoting cooperation projects with foreign shipyards. Besides the MOU with Taiwan's CSBC for technological collaboration, the yard is now reviewing another cooperation projects with e...
2011-01-17 07:02:01
Daewoo urges speedy M&A
Nam Sang-tae, president of Korea's Daewoo Shipbuilding & Marine Engineering, expressed his difficulties caused by a delay of sale over Daewoo in a press conference held in Okpo shipyard on 12th January. He said, "M&A has the biggest psychological...
2011-01-14 10:33:29
China overtakes Korea
For the second straight year China has emerged as the world's leading shipbuilding nation in terms of new orders, and is way ahead of S. Korea which has come a distant second, data showed. According to Clarkson Research Services, South Korean ship...
2011-01-14 08:30:19
Cammell Laird profit soars
UK shipbuilder Cammell Laird has enjoyed its most profitable year since emerging from bankruptcy a decade ago. Its pre-tax profit hit £10.2m ($16.06m) in the year to May 2010, a near 10% rise from the figure seen in 2009, it is reported. ...
2011-01-14 08:19:42
Dayang Shipbuilding: Reborn
China’s Dayang Shipbuilding was established as early as 2004. It was a state-owned shipyard which experienced golden time. The annual delivery had hit 100,000tons and the export orders dominated the orderbook. In the past, Dayang even rolled out Ch...
2011-01-13 12:33:18
KR inspects Azerbaijani ships
Korean Register of Shipping (KR) has revealed that it made an agreement with the Azerbaijani Republic's maritime authorities on 10th January to inspect agreements and issue related certifications over Azerbaijani ships on behalf of the Azerbaijani Go...
2011-01-13 10:29:58
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