Industry seeking stability from leadership [General]
The Korean shipbuilding industry is pursuing a virtue of stability to respond to a grand restructuring led by HHI’s DSME acquisition. Sources told that Hyundai Heavy Industries (HHI) is holding an extraordinary general meeting on May 31 to d...
2019-03-15 08:25:46
DSME profit over KRW1trn, first in 8 years [Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) exceeded KRW1trn of operating profit last year, first in eight years. The company announced on March 14 that it logged KRW9.6444trn of revenue (consolidated basis), KRW1.0248trn of operating ...
2019-03-15 08:22:30
Who’s with the SHI LNGC quartet? [Shipbuilding]
A foreign media reported that Sinokor is behind the four LNG carriers Samsung Heavy Industries (SHI) revealed in February. Sinokor denied the report. TradeWinds reported on March 13, quoting a broker and multiple sources, that the order for fo...
2019-03-15 08:21:48
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