July 31, 2020
South Korea’s shipbuilding holding company Hyundai Heavy Industries Holdings Co. (HHIH) on Thursday said that its net profit more than halved in the second quarter...
Read More
Shipbuilding
July 28, 2020
South Korea's largest shipbuilder, Hyundai Heavy Industries Co., was fined 970 million won (US$805,000) for unfair trade with its subcontractors, the country's antitrust watchdog said....
Read More
July 22, 2020
South Korea’s second-largest shipbuilder Daewoo Shipbuilding & Marine Engineering Co. said Tuesday that it has agreed with the Netherlands’ Port of Rotterdam Authority to develop...
Read More
July 21, 2020
China’s shipbuilding industry maintained its leading position globally in the first half of the year (H1) as it held sway in three key aspects, the...
Read More
July 20, 2020
China’s shipbuilders received new vessels orders amounting to 12.5 million dead weight tons (dwt) in H1, higher by 3.4% on year and accounting for 67.5%...
Read More
July 16, 2020
The European Union’s (EU) antitrust watchdog has again suspended its probe into the proposed US$1.8 billion merger deal between two major South Korean shipbuilders, it...
Read More
July 10, 2020
New orders won by South Korea’s shipbuilders tumbled 67 percent in the first half of the year from a year ago as the coronavirus pandemic...
Read More
July 8, 2020
Global new orders of ships fell to a historic low in the first half of the year amid the coronavirus pandemic, industry sources said Tuesday....
Read More
July 1, 2020
Hyundai Heavy Industries Co. and other major shipbuilders are scurrying to develop eco-friendly power systems for ships in order to clinch more deals amid toughened...
Read More
June 30, 2020
STX Offshore & Shipbuilding is accepting voluntary resignations as the prolonged Covid-19 outbreak takes its toll on business, the company announced Monday. (more…)
Read More
June 30, 2020
China’s government-backed shipbuilders are busy despite the hammering the global shipping market has taken from the novel coronavirus pandemic. (more…)
Read More
June 30, 2020
Norden has entered into a newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”) for 4 x 61,000 dwt dry cargo “Ultramax” ships, expected...
Read More
June 24, 2020
South Korea’s Hyundai Heavy Industries Co. said on Tuesday that it will merge shipbuilding and offshore & engineering divisions to streamline its mainstay business to...
Read More
June 23, 2020
South Korea’s shipbuilders, led by Hyundai Heavy Industries Co., suffered from a sharp drop in new orders in the first five months of the year,...
Read More
June 19, 2020
The technology group Wärtsilä’s experience and leading position in the development of battery and hybrid propulsion vessel solutions has been recognised with the award of...
Read More
