Heavy

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 1.1 trillion won ($1 billion) deal to build 10 vessels, bringing its total ship c...

Samsung Heavy Industries Co. has begun the process to raise 1 trillion won ($900 million) in a rights offering, in what is set to be its first share...

South Korea’s automakers are facing a drastic increase in manufacturing costs. Raw material prices are soaring and the global chip shortage re...

South Korea’s massive exports of scrap steel and scrap copper to China are hurting its domestic companies that are struggling to secure the st...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...

South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest in initial share sale...

South Korea’s heavy machinery manufacturers are making a strong start this year, reporting the highest first quarter revenue figures since 201...

Hyundai Heavy Industries Group has won an order worth 227 billion won ($202 million) to build three liquefied petroleum gas (LPG) carriers, said its...

South Korean shipbuilder Hyundai Heavy Industries Co. saw its net losses snowball in 2020, clouding its initial public offering plans for this year....

South Korea’s Samsung Heavy Industries has landed an order to build 20 very large container ships (VLCS) at 2.8 trillion won ($2.5 billion), t...

The sovereign wealth fund Korea Investment Corporation (KIC) will make co-investments worth up to 1 trillion won ($900 million) alongside the Hyunda...

Hyundai Heavy Industries Group has won new orders worth 823 billion won ($724 million) to build a total of 10 vessels for four global clients in Afr...

South Korea’s Hyundai Heavy Industries Holdings Co. and Saudi Aramco have agreed to launch a hydrogen partnership in a step toward building a ...

South Korean shipbuilder Hyundai Heavy Industries Co., which plans to list its shares on the local bourse this year, has mandated Korea Investment &...

KKR & Co. signed a definitive agreement on Tuesday to buy a stake in Hyundai Global Service Co. from Hyundai Heavy Industries Holdings Co. for 6...

South Korea’s Hyundai Heavy Industries Holdings Co. signed a definitive agreement on Friday to buy a controlling stake in Doosan Infracore Co....

Hyundai Heavy Industries Holdings Co. on Thursday announced a five-for-one share split after reporting an operating loss in 2020 due to weak shipbui...

South Korea-based Hyundai Heavy Industries Co. is planning a trading debut this year, with the proceeds marked for future growth engines to power th...

A South Korean consortium led by construction firm Dongbu Corp. has been picked as the preferred negotiator to buy a controlling stake in cash-strap...

  Doosan Heavy Industries & Construction Co. has clinched an order to build a combined cycle power plant in Guam from a consortium of Kore...

South Korea's major shipbuilding companies are on a winning streak, securing lucrative contracts to build liquefied natural gas (LNG) carriers, Ve...

South Korea’s Hanjin Heavy Industries & Construction Co. has drawn three final bidding groups comprised of domestic companies and private ...

A few months after announcing plans to sell a 36.07% controlling stake, Doosan Infracore Co. has found its new home in the world's largest shipbuild...

Hyundai Heavy Industries Holdings Co., the world's largest shipbuilder, is one step closer to acquiring a 36.07% controlling stake in Doosan Infracore...

South Korea’s shipbuilding industry appears to be entering full recovery mode after almost a year-long drought in orders thanks to Samsung Heavy...

South Korean companies listed on the tech-heavy Kosdaq market posted one of their best third quarters ever thanks to strong sales related to anti-viru...

South Korea’s shipbuilders have made a clean sweep of year-end orders owing to to contracts placed for very large crude carriers (VLCCs). Demand...

Korea Shipbuilding & Offshore Engineering Co., a shipbuilding arm of Hyundai Heavy Industries Group, has won a 425 billion won ($375 million) orde...

South Korea's leading shipbuilder Hyundai Heavy Industries Holdings Co. is in talks with global private equity firm KKR to secure investments as part ...

GS Engineering & Construction Co. (GS E&C) has joined the bidding for a stake in Doosan Infracore Co. after the bid submission deadline, a mov...