KHNP supports diversification of shipbuilding business [General]
Korea Hydro & Nuclear Power (KHNP) is looking for joint growth by strengthening the competitiveness of partner companies and supporting business diversification for shipbuilding related companies. KHNP held a 'joint growth business briefin...
2017-04-04 07:18:50
KOGAS helps equipment makers diversify business [General]
Korea Gas Corporation (KOGAS) has held a 'Conference for Supporting Shipbuilding Equipment Companies' Plans' at Tongyoung LNG production base, Korea. On March 30, KOGAS invited about 60 small and medium sized shipbuilding equipment companies a...
2017-04-04 07:17:41
SHI drillship deal extended [Offshore]
Samsung Heavy Industries announced on March 31 that the Korean shipbuilding heavy weight has decided to delay contract period for the construction of two drillships which are slated for delivery in the day at the request of Seadrill Draco that or...
2017-04-04 07:16:48
HHI to invest $3.1bn in R&D by 2021 [Photo News]
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
HHI to invest $3.1bn in R&D by 2021 [General]
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 07:14:46
"416 LNGCs likely to be ordered for next 10 years" [Shipbuilding]
A Korean industry expert has recently forecasted that Korean shipbuilders will stand to benefit as LNG carrier orders enter a boom period.  Park Moo-Hyun, an analyst at Hana Financial investment, said on March 3, "In 2030, according to an...
2017-04-04 07:13:26
Sungdong CEO resigns [People]
It turned out that Kim Chul-Nyun, CEO of Sungdong Shipbuilding & Marine Engineering, has recently left office. According to the Export-Import Bank of Korea (Korea Eximbank), a main creditor bank of Sungdong, on March 2, Kim resigned from o...
2017-04-04 07:12:07
Sungdong CEO resigns [General]
It turned out that Kim Chul-Nyun, CEO of Sungdong Shipbuilding & Marine Engineering, has recently left office. According to the Export-Import Bank of Korea (Korea Eximbank), a main creditor bank of Sungdong, on March 2, Kim resigned from o...
2017-04-04 07:11:43
Euroseas inks addendum for NB BC [Shipbuilding]
Euroseas announced on March 30 that it has signed an addendum to its newbuilding contract with Jiangsu Yangzijiang Shipbuilding Co. for Hull Number YZJ 1153, originally entered into in 2014, and will proceed with the construction of the vessel.&n...
2017-04-03 07:15:39
Maersk-AkzoNobel team up to drive sustainability [Shipping]
Maersk Line informed on March 28 that the company and AkzoNobel have signed a strategic sustainability partnership to reduce carbon emissions per container shipped by 10%. The aim of the partnership - which reflects the mutual ambition of bo...
2017-04-03 07:14:20
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