combat vessels
Scope
Date
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Carbon neutrality
Samsung Heavy receives approval from US on gas recovery system
Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...
Dec 20, 2022 (Gmt+09:00)
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Chemical Industry
Daewoo Shipbuilding, POSCO jointly develop new materials
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) and steelmaker POSCO have joined forces to develop new materials.DSME on Wedne...
Dec 15, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Curious completes second Samsung Heavy drillship sale
South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...
Dec 13, 2022 (Gmt+09:00)
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Aerospace & Defense
Hyundai Rotem delivers first batch of K2 tanks to Poland in $3.4 bn deal
Hyundai Rotem Co., a South Korean defense equipment maker, said on Wednesday it has delivered the first batch of its battle tanks to Poland as part ...
Dec 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea to widen tech gap with global shipbuilding rivals
South Korea, the world’s largest shipbuilding country, will expand its production of high-value-added specialized vessels, such as liquefied h...
Oct 20, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy
Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to build six methanol-...
Oct 05, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy's KSOE expected to turn to black in Q3
Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...
Oct 03, 2022 (Gmt+09:00)
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Labor union
Hankook Tire sees increasing threat from combative labor union's demands
As a string of sporadic labor union strikes enters its third week, the risk of supply disruption has spread to an unlikely victim – Hankook Ti...
Jun 22, 2022 (Gmt+09:00)
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Energy
Danfoss installs energy-saving heating systems in Korea's tallest building
SONDERBORG, Denmark – Denmark’s eco-friendly energy system provider Danfoss has made inroads into South Korea, installing its energy-eff...
Jun 14, 2022 (Gmt+09:00)
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Mergers & Acquisitions
Philippines LCS Group buys Korea’s special purpose vessel maker
The Philippines’ LCS Group of Companies bought a South Korean special purpose vessel maker as it aims to supply defense products to the Southe...
Apr 05, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea shipbuilders aim for strong demand on tougher rules
South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...
Mar 25, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai, Daewoo race for ship orders after merger fails
The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...
Feb 04, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders turn focus to high-value vessels
South Korean shipbuilders, brimming with heavy order backlogs, are turning their focus to high-value and eco-friendly vessels for new orders as the ...
Oct 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hanjin Heavy wins $270 mn container ship order, first deal in 6 years
Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...
Oct 05, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding tops 2021 order target
Daewoo Shipbuilding & Marine Engineering Co. exceeded its order target for this year with a $846 million contract for liquefied natural gas (LNG...
Sep 14, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.4 billion deal to build 8 methanol-powered ships for Maersk
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...
Aug 24, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy to reposition as tech platform for vessels
Hyundai Heavy Industries Group is making big steps forward to transform itself as a platform business in the global shipbuilding sector. According t...
Aug 11, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korea Shipbuilding & Offshore wins $1 bn order to build 10 vessels
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...
Jun 21, 2021 (Gmt+09:00)
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Shipping & Shipbuilding
Korea Shipbuilding & Offshore wins $308 million order to build 6 vessels
Korea Shipbuilding & Offshore Engineering Co. (KSOE) has won a 348 billion won ($308 million) deal to build six vessels, bringing its total sh...
May 24, 2021 (Gmt+09:00)
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Machinery
Korean shipyards retake global top spot in July with pricey LNG vessels
South Korean shipbuilders replaced their Chinese rivals to take the top spot in the global order book last month, thanks to their supremacy in buildin...
Aug 11, 2020 (Gmt+09:00)
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KDB Bank, NH Investment underwrite $30 mn debt on Teekay’s new vessels
South Korea’s state-run lender KDB Bank and NH Investment & Securities Co. Ltd. have underwritten a $15 million subordinated debt each to partiall...
Jul 04, 2018 (Gmt+09:00)
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