SHI reveals 2017 interim results [Shipbuilding]
Samsung Heavy Industries (SHI) posted its 2017 interim results on January 26 this year with KRW 7.9012trn in revenue, KRW 524.2bn in operating loss and KRW 340.7bn in net loss. The Korean conglomerate explained that the operating loss comes fr...
2018-01-30 07:13:30
SHI to increase short-term loans [Finance]
Before issuing new shares worth about KRW 1.5trn (approximately $1.408bn), Samsung Heavy Industries (SHI) increases its short-term loans by KRW 750bn with a help from supervisors for its paid-in capital increase. The Korean shipbuilding tycoon...
2018-01-30 07:12:57
Global orderbook drop becomes blunt [Shipbuilding]
At the end of December 2017, the global newbuilding orderbook recorded 196,9m dwt (77.5m cgt, 3,158 units), which is 13% decrease by dwt and 18% decrease in terms of units since the start of this year. It is notable that the drop showed slow down...
2018-01-30 07:12:30
HHI wins LNGC hired by EDF [Shipbuilding]
Japan's Nippon Yusen Kaisha (NYK) is known to order new LNG carrier together with a French partner. The vessel will be hired by EDF Energy under a long-term charter contract. According to foreign presses and industrial sources, NYK has made pa...
2018-01-30 07:11:24
SHI sells undelivered drilling rig [Offshore]
Samsung Heavy Industries (SHI) announced through a regulatory filing on January 29 that it had sold a semi-submersible drilling rig to a European owner at around $500m, and will deliver the unit by the end of this year. The deal is signed on Janu...
2018-01-30 07:10:56
Korea to set up eco-friendly ship technology center [General]
Korea Maritime and Ocean University (KMOU), the Korea Register of Shipping (KR) and the Korea Marine Equipment Research Institute (KOMERI) set up a R&D center for technology research, tests, demonstration and certification for eco-friendly sh...
2018-01-30 07:09:40
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