Busan industry targeting oil majors [Equipment]
Marine equipment manufacturers in Busan region is finding a breakthrough in overseas oil major companies. The Busan Metropolitan City, with the support from Korea Institute of Industrial Technology (KITECH), announced that it has helped the in...
2018-04-05 07:24:43
HHI runs voluntary layoff again [Shipbuilding]
Hyundai Heavy Industries (HHI) runs a voluntary layoff program again in two years as it gets harder for the company to operate business in the aftermath of 2016's new order drought.   The Korean shipbuilding tycoon announced on April...
2018-04-05 07:24:16
Thick plate goes up for 1H [Shipbuilding]
It is learned that Korean major steel mills and 'big3' shipbuilders have agreed to a KRW50,000 markup for the thick plate in 1H 2018. Still manufacturers have suggested KRW100,000 of markup entering this year, however, the margin was mitigated...
2018-04-05 07:23:49
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