Page 15 - Offshore Engineering News Today

The intense rivalry between HD Korea Shipbuilding & Offshore Engineering (HDKSOE) and Hanwha Ocean has now spilled over into ship engine manufacturing capabilities, as evidenced by the HD Hyundai Group affiliates recent acquisition of STX Heavy Industries, only months after the Hanwha affiliate acquired HSD Engine, according to market watchers, Tuesday.

HD Korea Shipbuilding & Offshore Engineering, the shipbuilding unit under HD Hyundai, said Tuesday it will acquire STX Heavy Industries, a Korea-based marine diesel engine manufacturer in a 81.3 billion won ($63.5 million) deal. The company said it signed a contract with the private equity firm Pinetree Partners to purchase its 6.52 million shares in the engine manufacturer and an additional 5.36 million newly is...

HD Korea Shipbuilding & Offshore Engineering is slated to acquire STX Heavy Industries to launch large engines for small-to-mid-sized carriers

Hyundai Vietnam Shipbuilding is a sister yard to Hyundai Mipo Dockyard.Photo: Hyundai Vietnam Shipbuilding The Hyundai Vietnam Shipbuilding Company will...

HD Hyundai Heavy Industries (HHI) has obtained Approval in Principle (AiP) from ABS for its new ammonia-based ship HVAC refrigeration system.

/PRNewswire/ -- HD Hyundai, the worlds largest shipbuilder and heavy industries conglomerate, released its 2023 Q2 financial results....

South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has secured a contract for the construction of two product carriers.

HD Korea Shipbuilding and Offshore Engineering, an intermediate holding company of South Korea’s heavy industries conglomerate HD Hyundai, said Wednesday that it has scored an order to build the world’s largest liquefied carbon dioxide, or LCO2, carrier. According to HD Hyundai, the shipbuilder recently signed a 179 billion won ($141 million) contract with Greek ship operator Capital Maritime Group to bui...

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a subsidiary of shipbuilding major HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), has secured a contract for the construction of two liquified CO2 (LCO2) carriers from Greek shipowner Capital Ship Management.

HD Korea Shipbuilding & Offshore Engineering won a 179 billion won ($141 million) order from Greeces Capital Maritime & Trading, for the construction of two 22,000-cubic-meter liquefied carbon dioxide (LCO2) carriers for delivery in the second half of 2025, the HD Hyundai affiliate said Wednesday.