STX bags 3+1 tankers
STX Offshore & Shipbuilding, which is in receivership, has won first new order in about one year and five months. The Korean shipbuilder announced on April 27 that it was awarded a total of four tankers (including one option) by its two co...
Hyundai Samho bags VLCC duo
Hyundai Samho Heavy Industries has recently announced that the Korean shipbuilder won two very large crude carriers (VLCCs) from Sentek Marine, a Singaporean operator, on April 26. With dimensions of 330m in length, 60m in width and 29.6...
DSME-HMM penned LOI for 10 VLCCs
Daewoo Shipbuilding & Marine Engineering announced on April 9 that the Korean shipbuilding tycoon and its compatriot shipping heavy weight Hyundai Merchant Marine penned a letter of intent (LOI) for 5+5 very large crude-oil carriers (VLCCs). ...
HHI cooperates with three Middle East countries
Hyundai Heavy Industries is strengthening cooperation with three Middle Eastern countries, Saudi Arabia, Qatar, and Oman. Hyundai said on April 6 that the ambassadors from three countries of the Middle East to Korea visited Hyundai Heavy Indus...
HHI to invest $3.1bn in R&D by 2021
Hyundai Heavy Industries Group proclaimed on April 3 that it will invest $3.1bn in R&D by 2021 as it hails the first day as the four independent companies; Hyundai Heavy Industries; Hyundai Electric & Energy Systems; and Hyundai Construct...
DSME starts construction of onshore plant
Daewoo Shipbuilding & Marine Engineering has started the construction of an oil production plant worth KRW 3trn ($2.7bn), the largest plant project in the company’s history. The Korean shipbuilder held a cut steel ceremony at it ...
DSME delivers world's first ice-breaking LNGC
Daewoo Shipbuilding & Marine Engineering announced on March 28 that it delivered the world's first ice-breaking LNG carrier. With dimensions of 299m in length and 50m in width, the 'ARC-7' vessel is capable of carrying LNG of 173,600 cbm a...
SHI opens era of 20,000 teu boxship
Samsung Heavy Industries has built the world's largest containership and opened an era of 20,000 teu containership. The Korean mammoth shipbuilder held a naming ceremony on March 15 at its Geoje shipyard for the first vessel of four 20,1...
Dae Sun wins chemical tanker order for Shokuyu
Dae Sun Shipbuilding & Engineering Co., Ltd, located in Busan, Korea (led by Mr. Jae Yong Ahn, President), officially announced today that it successfully secured a shipbuilding contract with Japan's Shokuyu Tanker on March 13th for the const...
Emerson shows IIoT-based automation solution
Emerson Process Management Korea, a Korean branch of Emerson Process Management, held a press conference under a theme 'Harnessing the Power of the Industrial IoT (IIoT) to Achieve Operational Certainty' on February 21 at Westin Chosun Seoul, Seo...
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