Page 47 - Offshore Engineering News Today

Embarking on changes ranging from management to business strategy, Hyundai Heavy Industries Group on Monday deployed a new corporate name and appointed a grandson of the founder as its new chief executive officer. In a widely anticipated move, Chung Ki-sun, grandson of Hyundai Group founder Chung Ju-young, was appointed as CEO of Hyundai Heavy Industries ...

Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding one of them. South Korean and Chinese shipbuilders rank among the industry’s top players, and as tensions are growing, the impact of the geopolitical decisions made in both Seoul and Beijing ...

Korean shipbuilders bracing for fallout from Russia war

Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding one of them. South Korean and Chinese shipbuilders rank among the industry’s top players, and as tensions are growing, the impact of the geopolitical decisions made in both Seoul and Beijing ...

Chung Ki-sun, grandson of Hyundai Group founder Chung Ju-young, officially takes the helm of the world’s largest shipbuilding group, ushering in the new generation owner family leadership. KSOE shareholders approved the appointment of Chung as chief executive officer of Korea Shipbuilding & Offshore Engineering Co. (KSOE), the interim shipbuilding holding company of Hyundai Heavy Industries ...

Chung Ki-sun, the grandson of Hyundai Group founder Chung Ju-young, on Tuesday was named CEO of Hyundai Heavy Industries Group and its subholding company Korea Shipbuilding & Offshore Engineering, opening a new chapter for the world’s largest shipbuilder. Shareholders of the two companies approved the appointment on the eve of the group’s 50th anniversary, when ...

Hyundai Heavy heir tasked with satisfying shareholders, workers

Chung Ki-sun, the grandson of Hyundai Group founder Chung Ju-young, on Tuesday was named CEO of Hyundai Heavy Industries Group and its subholding company Korea Shipbuilding & Offshore Engineering, opening a new chapter for the world’s largest shipbuilder. Shareholders of the two companies approved the appointment on the eve of the group’s 50th anniversary, when ...

A growing number of minority shareholders of Korea Shipbuilding & Offshore Engineering (KSOE) have joined a campaign to vote against all proposals from its management at Tuesday’s general meeting of shareholders, according to industry officials, Monday. Their protest is mainly intended to thwart the company’s plan to list one of its subsidiaries, Hyundai Samho Heavy ...

KSOEs minority shareholders unite against management