Page 46 - Offshore Engineering News Today

Korea Shipbuilding & Offshore Engineering (KSOE) has recently opened an R&D center in Dusseldorf, Germany. KSOE, an intermediate holding company in the shipbuilding division of Hyundai Heavy Industries Group, is strengthening global R&D cooperation to develop future eco-friendly and digital technologies. KSOE plans to secure next-generation shipbuilding technologies related to hydrogen, fuel cells, ammonia, and ...

Saipem (OTCMKTS:SAPMF – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “Saipem S.p.A. provides drilling services as well as engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore primarily […]

Hyundai Glovis has signed a long-term contract with Woodside Energy to enter the liquefied natural gas (LNG) transportation business.

Korea Shipbuilding opens European R&D center in Germany

Siemens, a German technology company, tied up with South Korea’s Hyundai shipbuilding group to develop a new computer-aided design (CAD) program that would help shipyards accelerate digital transformation. They would gradually promote an autonomous smart shipyard by 2030. CAD is used to increase the productivity of designers, improve the quality of design, improve communications through ...

HD Hyundai’s recent lawsuit against the European Commission’s January decision to block Korea Shipbuilding & Offshore Engineering’s (KSOE) proposed acquisition of Daewoo Shipbuilding & Marine Engineering (DSME) is seen to signal its willingness to resume the takeover bid under the incoming government despite its denial, according to industry officials, Tuesday. Hyundai Heavy Industries (HHI) Group’s ...

Korea Shipbuilding bags 545.8 bil.-won order for 2 LNG ships

South Korean shipbuilder KSOE has secured an order for the construction of two liquefied natural gas (LNG) carriers.

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Why HD Hyundai filed lawsuit against EU