HMD "14 more ships coming" [Shipbuilding]
Hyundai Mipo Dockyard (HMD) set its 2018 construction goal at 55 units, which is 14 more than last year, with a revenue target of KRW2.76trn, 15% increase from the last year. HMD CEO Han Young-Suk revealed such goals in his New Year address on...
2018-01-05 07:09:37
Autonomous navigation on the horizon [Shipping]
While autonomous navigation and the unmanned ship became the topic of the industry, European players are accelerating innovation for the realization of the technologies. In the UK, a research project named SWANS (Shared Waterspace Autonomous...
2018-01-05 07:07:13
[2018 New Year's Address] DSME CEO Chung [Shipbuilding]
“We are at the end of the tunnel. However, the outside does not seem to be an easy way. The current situation is still tough and strong KRW is weakening our competitiveness. The price of our products is now 30-50% level from the peak time. And ...
2018-01-05 07:06:16
HSHI "targeting $3.4bn" [Shipbuilding]
In his New Year address, Yoon Moon-Gyun, Hyundai Samho Heavy Industries (HSHI) CEO stated that “HSHI is targeting $3.4bn of order intake and KRW2.5trn of revenue this year. While the situation is perilous, we can turn this crisis into opportuni...
2018-01-05 07:05:41
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