Busan-KOMEA support equipment exports [Equipment]
Busan Metropolitan City and the Korea Marine Equipment Association (KOMEA) announced on January 26 that they plan to establish a support base for the export and A/S of shipbuilding & offshore equipment in Korea. The project aims to strengt...
2018-01-29 07:05:23
UK naval vessel built by DSME christened [Shipbuilding]
A naming ceremony was held on January 7 at Okpo shipyard of Daewoo Shipbuilding & Marine Engineering (DSME) for the last unit of a total of four naval support ships the Korean shipbuilding giant won from the Royal Navy (RN), the UK's principa...
2018-01-29 07:03:46
HHI suspends operation by government order [Shipbuilding]
HHI (Hyundai Heavy Industries) announced through a regulatory filing that it suspends shipbuilding operation on January 26. On the reason, the company explained that “we are complying with the order from the Ministry of Employment and Labor....
2018-01-29 07:02:49
"No merger of Samsung Engineering & DSME" [Shipbuilding]
Park Dae-Young, the former President of Samsung Heavy Industries (SHI) stressed again that the merger between SHI and Samsung Engineering, or SHI and Daewoo Shipbuilding & Marine Engineering (DSME) will never happen.  During the SHI e...
2018-01-29 07:02:22
February it is: Sungdong&STX [Shipbuilding]
The destiny of STX O&S and Sungdong Shipbuilding and Marine Engineering are about to be revealed. Deputy Prime Minister and Minister of Strategy and Finance of Korea, Kim Dong Yeon said “the result will come out in early February, or bef...
2018-01-29 07:01:50
HHI draws $500m ASLNG [Photo News]
Hyundai Heavy Industries has been selected as the contractor of new ASLNG, or At-Shore LNG. The company announced on January 28 that it is selected as the FEED and FPC contractor of the hull of the world's first two ASLNG from a Canadian out...
2018-01-29 07:00:43
HHI draws $500m ASLNG [Shipbuilding]
Hyundai Heavy Industries has been selected as the contractor of new ASLNG, or At-Shore LNG. The company announced on January 28 that it is selected as the FEED and FPC contractor of the hull of the world's first two ASLNG from a Canadian outfi...
2018-01-29 06:59:56
LPG ship to float in Korea [Photo News]
LPG powered vessels are expected to be realized in the next year, it said. Korea LPG Association announced on January 25 that it signed an agreement with various players for the development of LPG bunkering hub and infrastructures at Busan. ...
2018-01-29 06:58:17
SHI board to increase capital [Finance]
The board of directors of Samsung Heavy Industries (SHI) decided on January 26 that the company is to increase capital by issuing new stocks worth KRW1.5624trn. Earlier this day, the company also decided in an extraordinary shareholders' meeti...
2018-01-29 06:57:07
LPG ship to float in Korea [Shipbuilding]
LPG powered vessels are expected to be realized in the next year, it said. Korea LPG Association announced on January 25 that it signed an agreement with various players for the development of LPG bunkering hub and infrastructures at Busan. ...
2018-01-29 06:56:14
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