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Samkang M&T has signed a Memorandum of Understanding (MOU) with PANASIA, a Korean ballast water management system maker, for the sales of desulfurization system and retrofit of vessels on May 24. Writing by Yujeong Jeong jeong@asiasis...
2017-05-25 07:05:46
SHI affirms determination for safety
Samsung Heavy Industries held a rally to consolidate safety consciousness on May 15 and resumed its Geoje shipyard works. Writing by Jeff Kim
2017-05-16 07:05:40
HHI and Bahri work together for 'smart ship'
Hyundai Heavy Industries said on May 8 that it has signed a memorandum of understanding with Saudi shipping firm Bahri to work together to develop technologies needed for a 'smart ship' platform. ●Caption 1: (From the third right)  ...
2017-05-10 07:08:32
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...
2017-04-28 07:14:52
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...
2017-04-27 10:40:00
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). ...
2017-04-10 07:03:16
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...
2017-04-07 07:14:59
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...
2017-04-04 07:15:26
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 ...
2017-04-03 07:05:01
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...
2017-03-29 07:09:08
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