electrification in shipbuilding
Scope
Date
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Steel
Korean steelmakers to raise prices further
South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging ...
Feb 05, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of batteries to Japan’s Isuzu Motors
LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...
Jan 26, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis sees record high performance in 2023
South Korea’s Hyundai Mobis, the world’s sixth-largest auto parts maker, reported on Friday that its revenue was 59.25 trillion won ($44...
Jan 26, 2024 (Gmt+09:00)
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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)
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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 sign...
Jan 09, 2024 (Gmt+09:00)
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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 shipbui...
Jan 08, 2024 (Gmt+09:00)
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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 busin...
Jan 08, 2024 (Gmt+09:00)
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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. t...
Jan 03, 2024 (Gmt+09:00)
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Leadership & Management
HD Hyundai aims to double number of female employees by 2030
HD Hyundai Co., the world’s largest shipbuilding group, will introduce a childcare leave system to make the male-dominated conglomerate an att...
Dec 21, 2023 (Gmt+09:00)
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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 sh...
Dec 12, 2023 (Gmt+09:00)
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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 t...
Dec 05, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis builds new electrification research center
South Korea’s Hyundai Mobis announced on Tuesday that it opened the Electrification Research Center in Euiwang, Gyeonggi Province, South Korea...
Dec 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean showcases Jangbogo-III submarine in Warsaw
South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involve...
Nov 30, 2023 (Gmt+09:00)
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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 hav...
Nov 26, 2023 (Gmt+09:00)
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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-sc...
Nov 17, 2023 (Gmt+09:00)
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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 ...
Nov 13, 2023 (Gmt+09:00)
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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 ...
Nov 07, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to target Southeast Asian defense market
South Korea's Hanwha Ocean Co. will participate in Defense & Security (D&S) 2023 in Bangkok, Thailand. The company said on Thursday it ...
Nov 02, 2023 (Gmt+09:00)
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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 ...
Oct 27, 2023 (Gmt+09:00)
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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 ca...
Oct 25, 2023 (Gmt+09:00)
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Automobiles
Hyundai, Kia sign power chip supply, tech tie-up deal with Infineon
South Korea’s top automaker Hyundai Motor Group has formed a strategic partnership with German chipmaker Infineon Technologies AG to secure a ...
Oct 18, 2023 (Gmt+09:00)
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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-siz...
Oct 16, 2023 (Gmt+09:00)
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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)
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Batteries
SK On named to Fortune’s Change the World list
South Korea’s electric vehicle (EV) battery maker SK On is among innovative companies that have changed the world according to Fortune, a le...
Oct 04, 2023 (Gmt+09:00)
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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 th...
Sep 22, 2023 (Gmt+09:00)
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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 societi...
Sep 08, 2023 (Gmt+09:00)
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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 f...
Sep 07, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai Mobis eyes over 30% growth in Europe through 2030
MUNICH, GERMANY – Hyundai Mobis Co., an auto part-making unit of Hyundai Motor Group, is targeting average annual sales growth of 30% in Europ...
Sep 05, 2023 (Gmt+09:00)
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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)
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Shipping & Shipbuilding
Korea's HD KSOE to buy 35% stake in marine engine maker STX
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...
Jul 31, 2023 (Gmt+09:00)
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