Rumors that Samsung Heavy Industries’ floating production storage and offloading (FPSO)’s production faced a deadlock, which has been circulating in the market, turned out to be not true. An official of Samsung Heavy Industries said as of 30th...
Shipbuilding industry settled on most of clauses during a wa...
Shipbuilding industry which has gained a record high profit comes to an agreement with labor union without dispute through wage talks and collective bargaining. Shipbuilding industry enters into a summer vacation period with a light mind by coming...
SPP Shipbuilding establish AVEVA System
AVEVA which is the main supplier of IT system such as plant and marine business engineering announced that millions of dollars worth of deal was struck by agreeing to provide AVEVA marine design solution to three shipyards of SPP Shipbuilding Group. ...
World’s Shipbuilding Industry forum in Ulsan as of June 20
Ulsan city announced as of 29th that world’s shipbuilding industry forum is to be held as of 28th June in order to make Ulsan City into the world’s shipbuilding industry’s mecca, timed with the shipbuilding and marine day in June 28th 2009. ...
SLS Shipbuilding reached an agreement with the labor union
SLS Shipbuilding’s labor union, led by chief executive Choi Dong-su and leader of labor union Park Hyun-chul, adopted the promotion of labor-management cooperation statement after wrapping up a negotiation with a labor peace. The labor union rea...
Mitsubishi embarks on technology innovation in shipyard
Mitsubishi Heavy Industries’ shipbuilding divisioin is reported to spearhead its standardization for the goal of three dimensional Computer Aided Design (CAD) system’s convergence. The reason behind the CAD system’s convergence is to make a...
HHI’ labor union construct a lifetime rest home
Hyundai Heavy Industries’ labor union chairman, Oh Jong-se got much attention by making a decision to construct a large-scale general rest home for union members, retirees, partner company’s workers and local residents with almost 5 billion won, ...
Daewoo Shipbuilding’s fiasco in a privatization plan
Since Daewoo Shipbuilding & Marine Engineering’s sales met with objection from Daewoo Shipbuilder’s labor union, Korean government’s state-run enterprise privatization plan off to rough start from the beginning. When Daewoo Shipbuilding is s...
DSME Eye Highly Profitable Vessel
Daewoo Shipbuilding & Marine Engineering posted 2625.7 billion won in profits in the second quarter of 2008, up 52 percent from a year earlier, and up 152 percent increase to 189.6 billion won in operating profit during the same period. Its earni...
Korea Small & Medium Size Shipbuilders advance despite decre...
Korea’s small and medium size shipbuilders appear to make advancement in the ranking of backlog of orders despite the ongoing decrease in ship-building orders all over the world. According to Clarksons, a leading provider of integrated shipping...
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