Samkang lands electrical room deal [Equipment]
Samkang M&T, a Korean manufacturer of heavy wall pipes, marine equipment and newbuildings, announced on February 5 that the company signed a contract worth KRW 32.4bn (approximately $29.67m) with Daewoo Shipbuilding & Marine Engineering (...
2018-02-07 07:05:37
JES shipbuilding disposal terminated [Shipbuilding]
Singapore-listed JES International Holdings tasted failure in its disposal plan for shipbuilding subsidiaries. JES announced that the negotiation for disposal is terminated as the aprties could not reach an agreement on the extention of the lo...
2018-02-07 07:05:17
STX Heavy Industries to be sold [Shipbuilding]
STX Heavy Industries is expected to be owned by one of its compatriot OEM clothing manufacturers. According to industrial sources, shareholders and creditors of STX Heavy Industrie including the Korea Development Bank (KDB), the Export and Imp...
2018-02-07 07:04:57
HHI-MAN to develop LPG-diesel engine [Photo News]
Hyundai Heavy Industries (HHI) announced on February 6 that the Korean conglomerate and MAN Diesel & Turbo have recently entered a memorandum of understanding (MOU) to develop dual fuel ship engine at its headquarters, Ulsan Metropolitan City...
2018-02-07 07:04:35
HHI-MAN to develop LPG-diesel engine [Equipment]
Hyundai Heavy Industries (HHI) announced on February 6 that the Korean conglomerate and MAN Diesel & Turbo have recently entered a memorandum of understanding (MOU) to develop dual fuel ship engine at its headquarters, Ulsan Metropolitan City...
2018-02-07 07:03:52
Bid held soon for sale of Doosan Engine [Equipment]
A formal bid is opened on February 20 for the sale of Doosan Engine. According to sources in Korean investment bank industry, Credit Suisse (CS), an underwriter of disposal of Doosan Engine, plans to launch the formal bid for the sale of Doosa...
2018-02-07 07:03:24
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