DSME creditors set up '2-step guarantee structure' [Finance]
Financial authority of Korea has arranged two-step guarantee structure for Daewoo Shipbuilding & Marine Engineering to receive new order guarantee from financial institutions.  According to creditors on April 6, Korea Development Bank...
2017-04-07 07:21:30
HHI aims to win more than 10 LNGC·FSRUs [Shipbuilding]
Ka Sam-Hyun, president of ship sales division at Hyundai Heavy Industries visited Gastech 2017 in Japan and said through a local interview, "We aim to win more than 10 orders in LNG carrier and FSRU sector this year." Ka said through MarineNet...
2017-04-07 07:20:22
"HMD to see order recovery" [Shipbuilding]
A Korean industry expert has recently expected that worsening profitabilities is inevitable for Hyundai Mipo Dockyard in the second half of this year even though it will see the rebound of its revenue on the strength of rising new order intakes. ...
2017-04-07 07:19:34
Discussions on 'Crusino' going on [Shipbuilding]
Podiumspot Capital Group is working on a project for the world's largest casino cruise ship. According to a foreign press, the Malaysian company plans to invest about $560m in the construction of 'Crusino', the largest casino cruise ship in th...
2017-04-07 07:18:26
Eyes focused on crisis of Seadrill·Ocean Rig [Offshore]
While global offshore drilling facility operators Seadrill and Ocean Rig are having a tough time, there has been growing concern that their financial difficulties are likely to have a negative effect on Samsung Heavy Industries and Daewoo Shipbui...
2017-04-07 07:16:50
DSME made commitment for sharing pains [General]
The labor union and management of Daewoo Shipbuilding & Marine Engineering announced on April 4 that they made an arrangement to implement four agreed matters in the belief that every one of them is the owner of the company.     T...
2017-04-07 07:15:38
HHI cooperates with three Middle East countries [Photo News]
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 cooperates with three Middle East countries [Shipbuilding]
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 these three countries to Korea visited Hyundai Heavy Industries' Ulsan ...
2017-04-07 07:14:26
SM Group to acquire Korea Marine Finance Corporation [Finance]
Samra Midas (SM) Group participated in the bidding for 35.29% stake in Korea Marine Finance Corporation (KOMARF), which is owned by Daewoo Shipbuilding & Marine Engineering, and was selected as the preferred bidder. SM Group plans to acquire ...
2017-04-07 07:13:30
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