Shipping & Shipbuilding
Shipping & Shipbuilding
S.Korea’s HMM expands bulk carrier fleet for stable profit
Nov 02, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean taps middle-aged women, robots for ship welding work
GEOJE, Gyeongsang Province – Hanwha Ocean, the world’s No. 2 shipbuilder, is actively embracing middle-aged female workers and robots for...
Oct 30, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
Hanwha Ocean to design digital vessels with ABS
South Korea’s Hanwha Ocean Co. on Sunday announced its conclusion of a basic accord with the Houston-based American Bureau of Shipping (ABS) to...
Oct 30, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD Hyundai develops electric propulsion system for large ships
HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries Co. have secured Approval in Principle (AIP) from the UK's Lloyd's R...
Oct 27, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
SK Enmove, Hanwha Aerospace to develop ESS for vessels
South Korea’s lubricating oil maker SK Enmove Co. and defense industry company Hanwha Aerospace Co. will jointly develop energy storage system...
Oct 26, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
S.Korean HD Hyundai inks $3.9 bn Qatar LNG tanker deal
DOHA -- HD Hyundai Heavy Industries Co., the world’s second-largest shipyard, has won a $3.9 billion deal to build 17 liquified natural gas car...
Oct 25, 2023 (Gmt+09:00)
4 Min read -
Shipping & Shipbuilding
Korea's HMM creditors convert $739 mn bonds into shares
Shares of HMM Co., South Korea’s No. 1 container line, are likely to fall as its main creditors exchanged perpetual convertible bonds (CBs) and...
Oct 20, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
HD Hyundai, Siemens to jointly build smart shipyard
South Korean HD Hyundai Co. and Siemens, a Germany-based global smart engineering company, will jointly develop a data platform for building a smart ...
Oct 18, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy develops container loss prevention device
South Korean shipbuilder Samsung Heavy Industries on Tuesday revealed its latest invention Special Structure Anti-Container Loss (SSA-CL), using its ...
Oct 17, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE builds world’s first mid-size ammonia-fueled vessel
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-size...
Oct 16, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Big 3 Korean shipmakers all likely to log quarterly profit
South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years,...
Oct 16, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
HD Hyundai to supply methanol engines to Japanese shipmaker
South Korea's HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in the...
Sep 22, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Hanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to buil...
Sep 21, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at su...
Sep 21, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Woori, HMM, KOBC to buy bulk carrier operator Polaris
South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Privat...
Sep 21, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy, Pan Ocean to co-develop digital solutions
South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's ...
Sep 19, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD Hyundai holds christening of methanol-powered ship
South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the e...
Sep 18, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HMM embarks on biofuel ship pilot testing on global route
South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container shi...
Sep 15, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Avikus to launch system for self-driving leisure boats
Avikus, the autonomous navigation solutions affiliate of South Korean conglomerate HD Hyundai Co., will launch New Boat Dock, a self-driving system f...
Sep 11, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Hanwha Ocean recognized for eco-friendly tech at Gastech 2023
South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime classification societie...
Sep 08, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE to build world's largest ammonia carriers
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the fi...
Sep 07, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
Hanwha vice chair pitches submarines to Polish president
Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2....
Sep 07, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy to expand maritime business with CCS
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification soc...
Aug 31, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korea's HMM bidders shortlisted to LX Group, Harim, Dongwon
Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co. and Dongwon Industries Co., according to ...
Aug 30, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
SM Korealine gets self-sailing approval from Panama
SM Korealine Co., a unit of SM Group's maritime division, announced on Monday that its subsidiary Korealine LNG, has obtained approval for self-saili...
Aug 28, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
A ship with AI engineers, deckhands?: HD KSOE makes it a reality
Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenomeno...
Aug 24, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as th...
Aug 23, 2023 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
Hyundai Samho sees bumper 2023 as ship orders pile up
Yeongam, South Jeolla Province -- On Aug. 14, workers at Hyundai Samho Heavy Industries Co.'s shipyard were meticulously inspecting the cargo hold on...
Aug 17, 2023 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
Nomura says new shipbuilding orders peaked; Korean firms refute
Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD ...
Aug 15, 2023 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
HD KSOE wins order for 2 LNG carriers
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (LN...
Aug 04, 2023 (Gmt+09:00)
1 Min read
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