Page 3 - Offshore Engineering News Today

Conglomerates are reinforcing readiness for radical changes in the global trade order by scouting former bureaucrats specializing in international trade and overseas regulatory risk management, according to industry officials, Wednesday.

Hanwha Oceans endeavor to secure exclusive control of the Korean naval ship market was thwarted after rival HD Hyundai Heavy Industries (HHI) managed to avoid being banned from bidding for government contracts, according to industry officials, Wednesday.

Major Korean shipyard HD Korea Shipbuilding & Offshore Engineering said Tuesday it has clinched a 356.3 billion-won ($267.8 million) order to build two car carriers for a shipper in the Middle East.

South Korean stocks got off to a strong start Friday following an overnight rally on Wall Street. The benchmark Korea Composite Stock Price Index gained 20.45 points, or 0.77 percent, to 2,684.72 in the first 15 minutes of trading. In the United States, Nvidia's surprising earnings result pushed up the indexes to new highs, as the S&P 500 jumped 2.11 percent and the Dow Jones Industrial Average rose 1.18 per...

SEOUL -- The three largest shipbuilders in South Korea have reported annual earnings that improved from a year earlier, thanks to the reduction of…

SEOUL -- The three largest shipbuilders in South Korea have reported annual earnings that improved from a year earlier, thanks to the reduction of non

 The effort to develop large hydrogen carriers able to support a future supply chain will take another step forward as Japan’s Mitsui O.S.K. Lines rep...

Saipem SpA (OTCMKTS:SAPMY – Get Free Report)’s stock price fell 9.1% during mid-day trading on Tuesday . The company traded as low as $0.22 and last traded at $0.22. 11,611 shares were traded during trading, an increase of 52% from the average session volume of 7,614 shares. The stock had previously closed at $0.24. Saipem […]

Mitsui O.S.K. Lines (MOL), Woodside Energy, HD Korea Shipbuilding and Offshore Engineering Co. (HDKSOE) and Hyundai Glovis are to study developing shipping solutions for bulk marine transportation of liquid hydrogen.

HD Korea Shipbuilding & Offshore Engineering (KSOE) signed a memorandum of understanding with Korea’s Hyundai Glovis, Australia’s Woodside Energy and Japan’s Mitsui O.S.K. Lines (MOL) to develop a value chain for the maritime transportation of liquefied hydrogen, the HD Hyundai subsidiary said Wednesday.