Mitsui E&S sees 54% upturn in new orders [Shipbuilding]
Mitsui E&S Holdings announced on February 7 that its Ship business segment logged a revenue of about JPY 69.5bn (approximately $633m) from April to December 2018, representing a 19% year-on-year decrease.  The shipbuilding division al...
2019-02-13 08:20:17
Korea ranked No.2 in NB orders [Shipbuilding]
While the growth of new order intakes in global shipbuilding industry slows down in January 2019, prices of vessels in which Korean shipyards have strength (including LNG carrier) continuingly rise.   According to Clarkson Research, ...
2019-02-13 08:19:33
HHIC Chairman recedes from management [General]
Cho Nam-ho, Chairman at Hanjin Heavy Industries & Construction (HHIC), is expected to leave his position in order to take a responsibility for management failure. While the Korean company still undergoes a liquidity crisis, its overseas subsi...
2019-02-13 08:19:06
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