June 2, 2020
Samsung Heavy Industries has launched a new liquefied natural gas carrier for Greece-based LNG shipper GasLog. (more…)
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Shipbuilding
June 2, 2020
Qatar Petroleum entered into three agreements to reserve LNG ship construction capacity in the Republic of Korea to be utilized for Qatar Petroleum’s future LNG...
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June 1, 2020
Apparently in response to a series of recent fatal accidents, Hyundai Heavy Industries (HHI) has replaced its shipbuilding business representative and upgraded the position of...
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May 25, 2020
A subcontracted worker hired by Hyundai Heavy Industries (HHI) died while working at a shipyard in Ulsan Metropolitan City, according to Korea’s biggest shipbuilder. (more…)
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May 22, 2020
Daewoo Shipbuilding & Marine Engineering (DSME) has secured a contract to build a floating storage and regasification unit. (more…)
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May 22, 2020
Hyundai Heavy Industries (HHI) Group has received an order for the construction of two 300,000-ton very large crude carriers (VLCCs). Both tankers will be equipped...
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May 18, 2020
Daewoo Shipbuilding & Marine Engineering Co., a major South Korean shipbuilder, said Friday that its first-quarter net profit rose 24.2 percent from a year earlier...
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May 15, 2020
Thun Tankers has ordered a second product tanker designed to maximize capacity when resting safely on the bottom. (more…)
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May 8, 2020
Hyundai Heavy Industries (HHI) has clinched an order for two crude oil carriers, worth approximately USD 122 million. The deal was signed with an unnamed...
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May 7, 2020
South Korea ranked second to China in terms of shipbuilding orders for the second straight month, industry data showed Wednesday. (more…)
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April 29, 2020
German shipyard Meyer Werft’s Finnish subsidiary on Tuesday started statutory talks to lay off up to 450 of its roughly 2,000 employees because of a...
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April 29, 2020
The economic fallout from coronavirus restrictions helped cut investment in shipbuilding to its lowest level in 11 years in the first quarter, with work at...
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April 29, 2020
Samsung Heavy Industries, a major South Korean shipbuilder, said Monday that its net losses widened in the first quarter from a year earlier due to...
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April 28, 2020
Nantong CIMC Sinopacific Offshore & Engineering has won an order to build LPG carriers for Germany’s Hartmann Group. (more…)
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April 27, 2020
Cosco Shipping Energy Transportation announced plans to order three 174,000 m³ LNG carriers at Hudong Zhonghua Shipbuilding, at the price of USD 185 million each, have...
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