Gunsan Shipbuilding & Offshore Engineering Association forme [Shipbuilding]
Gunsan Shipbuilding & Offshore Engineering Association held an inaugural assembly on March 14 at Gunsan. The Association is formed to cope with the slump after the shutdown of Hyundai Heavy Industry’s Gunsan yard and to diversify busines...
2018-03-16 07:44:08
STX Heavy buyers selected [General]
After a main tender for the sale of its engine and equipment and plants businesses, STX Heavy Industries announced on March 14 that its compatriot private equity firms Pine Tree Partners and Global SeAH have been chosen as final buyers. The M&...
2018-03-16 07:43:32
Sungdong/STX workers hold rally [General]
Workers from Sungdong Shipbuilding and Marine Engineering and STX Offshore & Shipbuilding (STX O&S) had a mass rally on March 14 at Gwanghwamun, Seoul, Korea, calling on the government to revive the two financially troubled shipbuilders.&...
2018-03-16 07:42:59
Korean smart LNGC duo set sail [Photo News]
Smart LNG carrier duo fitted with Samsung Heavy Industries' (SHI's) cutting-edge technologies have recently set sail in order to transport the US shale gas. SHI announced on March 15 that the Korean shipbuilding heavyweight delivered the two n...
2018-03-16 07:42:14
Korean smart LNGC duo set sail [Shipbuilding]
Smart LNG carrier duo fitted with Samsung Heavy Industries' (SHI's) cutting-edge technologies have recently set sail in order to transport the US shale gas. SHI announced on March 15 that the Korean shipbuilding heavyweight delivered the two n...
2018-03-16 07:41:48
SM KLC brings in two VLCCs [Shipbuilding]
SM KLC (Korea Line Corporation) announced through a regulatory filing on March 15 that the board of directors decided to place an order for two 300,000-dwt VLCCs, worth around KRW185.6bn (about $174.13m,  $87m apiece). They will be delive...
2018-03-16 07:41:09
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