Shipping & Shipbuilding
Shipping & Shipbuilding
HD Hyundai, Hanwha delivers 1st of 12 container ships to HMM
Jan 24, 2024 (Gmt+09:00)
-
Shipping & Shipbuilding
Hanwha Ocean secures first order of year for ammonia carriers
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for two very large ammonia ...
Jan 23, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD Hyundai Marine Solution to enter ship cyber security
South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security ...
Jan 22, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korean shipbuilders tighten grip on ammonia carrier market
South Korean shipbuilders continued to win very large ammonia carrier (VLAC) orders, expanding their shares in the global eco-friendly vessel market ...
Jan 19, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE secures deal for building 15 product carriers worth $717 mn
HD Korea Shipbuilding & Offshore Engineering, a key intermediate holding company of HD Hyundai Group, announced on Tuesday that it recently signe...
Jan 09, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE wins $240 mn order for two ammonia carriers
HD Hyundai Heavy Industries has secured its second shipbuilding contract of the year. HD Korea Shipbuilding & Offshore Engineering, the shipbuild...
Jan 08, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korea’s Hanwha Ocean quits money-losing container shipbuilding business
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busine...
Jan 08, 2024 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
Korea’s HMM among shippers benefiting from growing Red Sea crisis
The Red Sea crisis, disrupting the passage of ships through the Suez Canal, a central artery for global trade, is a bane for exporters looking for sh...
Jan 05, 2024 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
HD KSOE wins $230 mn order for two VLGCs
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Friday said it has secured its first order this year for two very lar...
Jan 05, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE lowers order target by 39% in 2024
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Thursday that it has lowered its order target for this ye...
Jan 04, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
S.Korea steps up probe on alleged submarine tech leaks to Taiwan
South Korea stepped up an investigation into alleged technology leaks of a submarine developed by Daewoo Shipbuilding & Marine Engineering Co. to...
Jan 03, 2024 (Gmt+09:00)
4 Min read -
Shipping & Shipbuilding
Samsung Heavy wins $1.5 bn order for FLNG
South Korea's shipbuilder Samsung Heavy Industries announced on Tuesday that it has secured an order for one floating liquefied natural gas (FLNG) pr...
Jan 02, 2024 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Samsung Heavy wins $240 mn order for two VLACs
South Korea's shipbuilder Samsung Heavy Industries Co. announced on Tuesday that it has won a 310.8 billion won ($240 million) order for two very lar...
Dec 26, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD Hyundai builds VR shipyard Twin FOS
South Korea’s HD Hyundai Co. announced on Wednesday that it completed the building of a virtual reality shipyard, the first stage of its Future...
Dec 20, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE wins deal for 3 ultra-large ethane carriers at $500 mn
HD Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai, announced on Friday that it has secured a con...
Dec 15, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korean shipbuilders shrug off concerns over lower new ship prices
South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used shi...
Dec 12, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
Korean shipbuilders slide to 2nd place after China in November orders
South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According to...
Dec 05, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD KSOE secures $432 mn order for 4 ammonia carriers
HD Hyundai has successfully secured a contract for building mega-sized ammonia carriers worth 557.4 billion won ($432.4 million). HD Korea Shipbuildi...
Dec 01, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Hanwha Ocean wins $125.5 mn order for VLAC
South Korea's Hanwha Ocean Co. announced on Monday that it secured an order for one very large ammonia carrier (VLAC) from a shipowner in Oceania for...
Nov 27, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korean shipbuilders seek overseas yards for surging orders
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as they have...
Nov 26, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
HD Hyundai builds Aegis destroyer with anti-ballistic missiles
ULSAN, South Korea – At the shipyard of HD Hyundai Heavy Industries Co. on Nov. 20 in Ulsan, South Gyeongsang Province, South Korea's next-gen...
Nov 22, 2023 (Gmt+09:00)
3 Min read -
Shipping & Shipbuilding
HD KSOE secures order for two VLEC
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) announced on Friday it has recently signed a shipbuilding contract for two very large-sca...
Nov 17, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Hanwha Ocean wins world's largest ammonia carriers order
South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shippin...
Nov 14, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
HD Hyundai opens Electrification Center
South Korea's HD Hyundai Group new opened on Monday HD Hyundai Electrification Center at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi P...
Nov 13, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
Korean shipyards to beat Chinese rivals with green tankers
South Korean dockyards aim to expand their presence in the global tanker market dominated by Chinese players with vessels designed to transport or st...
Nov 07, 2023 (Gmt+09:00)
2 Min read -
Shipping & Shipbuilding
S.Korea tops global shipbuilding orders in October, surpassing China
South Korean shipbuilders won the most shipbuilding orders worldwide in October 2023. The country overtook China and claimed the lead in the global s...
Nov 07, 2023 (Gmt+09:00)
1 Min read -
Shipping & Shipbuilding
S.Korea’s HMM expands bulk carrier fleet for stable profit
HMM Co., South Korea’s top shipping company, is expanding its fleet, especially bulk carriers, for stable profits amid the sluggishness of the ...
Nov 02, 2023 (Gmt+09:00)
2 Min read -
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
Latest News
- 1 BMW Surpasses Mercedes in Sales – Imported Car Market 'Shake-Up'
- 2 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
- 3 CJ CheilJedang scraps $3.5 bn green bio sale, shifts gears to expansion
- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google