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October 15, 2021
The Hon. Trade Minister, Dr. Bandula Gunawardane has appointed Export Advisory Committees covering 24 sectors for a period of 5 years (from 2021 to 2026). In terms of the Section 10 of The Sri Lanka Export Development Board (EDB) Act no 40 of 1979, the minister in charge of the EDB, on the advice of...
October 12, 2021
Chung Ki-sun named CEO of Hyundai Heavy Industries Holdings
October 10, 2021
September ends with an important milestone of the Panama Canal towards decarbonization. The Panama Canal and more than 150 other organizations across the maritime value chain signed an industry-led call for world leaders to commit to decarbonizing international shipping by 2050. The leaders are going to support industrial scale zero emission shipping projects through national ...
October 8, 2021
EU may block Hyundais mega acquisition deal with Daewoo Shipbuilding
October 8, 2021
The European Union (EU) has been holding back on giving its approval for Hyundai Heavy Industries’ (HHI) merger with Daewoo Shipbuilding & Marine Engineering (DSME). The merger process has taken close to three years. The EU has made a broad consensus not to approve the merger, citing monopoly concerns in the liquefied natural gas (LNG) ...
October 5, 2021
Operations included removing the 1280 metric t topside and the 3019 metric t jacket before transportation to the AF Environmental Base in Norway for recycling and reuse.
October 5, 2021
Hyundai Heavy Industries (HHI) is seeking conditional approval from the European Union for its proposed acquisition of the ailing Daewoo Shipbuilding & Marine Engineering (DSME), sources and officials familiar with the issue said. In 2019, HHI requested approval for its planned acquisition of DSME to China, Kazakhstan, Singapore, the EU, Japan and South Korea. As ...
October 4, 2021
Hyundai seeks EUs conditional approval for Daewoo acquisition
October 3, 2021
The deal to combine the worlds largest shipbuilder Hyundai Heavy Industries Co. with second-ranked Daewoo Shipbuilding & Marine Engineering Co. is facing
October 1, 2021
Hyundai Heavy Industries' (HHI's) acquisition of rival South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co (DSME) has been delayed again, according to stock exchange filings on 30 September. Korea Shipbuilding & Offshore Eng...