KFTC initiates HHI investigation [General]
Korea Fair Trade Commission (KFTC) commenced its investigation against Hyundai Heavy Industries (HHI) on suspicion of ‘gapjil,’ or unfair trade. Sources told that the Commission is poised to investigate all ‘big3’ yards including HHI, ...
2018-10-04 08:16:03
HSD Engine provides machinery to DSME [Equipment]
HSD Engine (formerly Doosan Engine) announced on October 1 through a regulatory filing that it won a deal to supply marine engines to Daewoo Shipbuilding & Marine Engineering (DSME). The contract is worth KRW84.9bn (around $76.5m), which r...
2018-10-04 08:15:03
LNGC ordering cycle getting stronger [Shipbuilding]
It seems the global LNGC ordering cycle is getting wider and wider. Choi Kwang-Sik, a researcher at Hi Investment & Securities, commented that massive LNG export projects emerging in Qatar and the US are enhancing the current LNGC newbuild...
2018-10-04 08:13:48
Korea to set up smart shipyard model [Shipbuilding]
The Korean government carries forward the construction of smart shipyard with the goal of securing cost competitiveness. The plan comes after President Moon Jae-in announced during his visit to Geoje on September 14 that the government would prom...
2018-10-04 08:12:59
Dae Sun holds christening of car ferry [Shipbuilding]
Dae Sun Shipbuilding & Engineering held a naming ceremony for the first car ferry, which is built backed by the 'coastal liner modernization fund' program in Korea, on October 1 at its headquarters in Busan Metropolitan City, Korea.  ...
2018-10-04 08:12:12
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