Dae Sun-Dongil ink M&A agreement
Dae Sun Shipbuilding & Engineering announced on November 9 that the Korean shipbuilder has signed a memorandum of understanding (MOU) with its compatriot steel producer Dongil Steel for the transfer of management right.
DSME delivered last ship to HMM
■ Daewoo Shipbuilding & Marine Engineering (DSME) announced on August 31 that it has concluded a national undertaking successfully, delivering ‘HMM LE HAVRE’, which is the last vessel in series of 24,000 teu container ships, to HMM, on ...
Samsung inks 23,764TEU vessels with Evergreen
Samsung Heavy Industries (SHI) has signed a contract with Evergreen Marine Corp. to build six 23,000TEU containerships for around KRW 1.099trn (around $918m), the Korean shipbuilder said Tuesday. The ultra large container vessels will be delivere...
SHI introduce fuel cell tanker in the world
Samsung Heavy Industries (SHI) is introducing fuel cell technology into the bulker segment. SHI announced on September 26 that DNV GL granted AIP on the company’s ‘fuel cell applied Aframax crude carrier,’ allowing it to go into fu...
HHI sells drawings to IMI
Saudi Arabian JV shipyard IMI (International Maritime Industries Co.) has signed tech cooperation agreement with Hyundai Heavy Industries. The signing, which was held at Dubai, UAE, was about IMI licensing HHI’s VLCC design. HHI is providing...
SHI selected to design Arctic LNG 2 vessels
Samsung Heavy Industries (SHI) announced on September 4 that it signed an agreement with Zvezda Shipbuilding Complex (SSC Zvezda) for the design of ice-breaking LNG carriers which will be employed at Arctic LNG 2 project. Writing by ...
U.S. Ambassador visited HHI
Harry Harris, U.S. Ambassador to Korea, visited Hyundai Heavy Industries (HHI) to encourage the technological exchange and cooperation of two countries. Ambassador Harris visited HHI Ulsan headquarters on August 26 along with Busan Consu...
Dae Sun reaches 2019 wage agreement
The labor and the management of Dae Sun Shipbuilding & Engineering signed wage collective agreement on July 9. This is the fifth consecutive year signing wage agreement without negotiation, which is the first time ever in Korean shipbuilding ...
SHI set another milestone in boxship history
Samsung Heavy Industries (SHI) again broke the world record of the largest containerships, leading the ultra-large containership segment in over 20,000-teu range. The company stated that it has sent the first unit of a series of six 23,000-teu...
DNV GL grants approval to DSME Solidus
Daewoo Shipbuilding & Marine Engineering (DSME) announced on June 13 that its indigenously developed 'Solidus' LNG containment system attained the 'General Approval for Ship Application' from DNV GL in Oslo, Norway, where President Moon Jae-i...
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