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April 22, 2022
Korea Shipbuilding & Marine Engineering (KSOE) has won an order for the construction of a 174,000 cbm liquefied natural gas (LNG) carrier.
April 21, 2022
As Qatar Energy signed its first LNG carrier charter contract with Japans MOL, anticipation is growing among Korean shipbuilders for big LNG carrier orders from Qatar
April 20, 2022
As Qatar Energy signed its first LNG carrier charter contract with Japanโs MOL, anticipation is growing among Korean shipbuilders for big LNG carrier orders from Qatar. apanโs MOL placed an order to build four LNG carriers with Hudong-Zhonghua Shipbuilding in China. The Japanese company will lease these carriers to Qatar Energy. It became the first ...
April 20, 2022
Major South Korean shipbuilders increased their R&D investments last year despite huge operating losses. Most of the investments went to new fuel development for carbon reduction, smart ship development and smart shipyard construction. Korea Shipbuilding & Offshore Engineering, which is the intermediate holding company of Hyundai Heavy Industries Group, invested 92.5 billion won in R&D ...
April 20, 2022
Korea Shipbuilding & Offshore Engineering, the holding company of Hyundai shipbuilding group, test operated autonomous passenger ships in a virtual space using digital twin technology. Various functions such as high-speed sailing and docking were demonstrated using the virtual clone of an actual ship that is currently being built. A digital twin is a virtual clone ...
April 20, 2022
A detailed report by Childs Engineering found a number of slow burning problems with the commercial wharf in Menemsha and one urgent problem in the southeast corner of the structure near the Charter Dock. Some of the structural elements in that section are under-built and under threat of fungal decay, Harbormaster Ryan Rossi told the […]
April 19, 2022
(RTTNews) - The South Korea stock market has moved lower in back-to-back sessions, slipping almost 25 points or 0.9 percent along the way. The KOS...
April 19, 2022
/PRNewswire/ -- The "Shipbuilding Market by Type and End Use: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to...
April 19, 2022
Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, announced on April 15 that it has recently signed a contract with Liberian and Middle East shipping companies to build six 7,900 TEU container ships and two pure car and truck carriers (PCTCs) . Each of the container ships measures ...
April 19, 2022
Shipbuilders are select winners in the otherwise bearish Korean market as they keep up winning streak on the global order book. According to the Korea Exchange (KRX) on Monday, shares of Hyundai Heavy Industries Co. rose 19.25 percent so far this month. Hyundai Mipo Dockyard Co., Daewoo Shipbuilding & Marine Engineering Co., and Samsung Heavy ...