SEOUL, Aug. 9 (Korea Bizwire) — South Korean shipbuilders won more than half of new global ship orders in July to take the top spot in the world for the third straight month, industry data showed Tuesday. Local shipyards, led by Hyundai Heavy Industries Co., clinched 1.16 million compensated gross tons (CGTs) in new orders [...]
SEOUL, July 25 (Korea Bizwire) – South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Monday it has won a 649.5 billion-won (US$495 million) order to build two liquefied natural gas (LNG) carriers from Europe. DSME, the world’s No. 4 shipbuilder by order backlog, said it will construct the 174-cubic-meter LNG carriers in [...]
GEOJE, July 22 (Korea Bizwire) — Subcontract workers at the Daewoo Shipbuilding & Marine Engineering Co. (DSME) shipyard on the southeastern coast agreed to end their 51-day strike Friday, after labor and management struck a last-minute agreement on almost all contentious issues. About 120 unionized workers from DSME subcontractors had staged a sit-in at the [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s leading container shipper HMM Co. said Thursday that it will invest 15 trillion won (US$11.4 billion) over the next five years to increase its capacity and secure diverse strategic assets as part of its efforts to become a top-tier global shipping company and achieve sustainable growth. Of [...]
SEOUL, July 7 (Korea Bizwire) — HMM Co., South Korea’s leading container shipper, said Thursday it has obtained a global certification for its efforts to promote workplace safety and workers’ health. HMM said it has secured the top certification for its occupational health and safety management system from the International Organization for Standardization (ISO). The [...]
SEOUL, July 6 (Korea Bizwire) — South Korea has captured the No. 1 spot in global shipbuilding orders for the first time in four years on the back of rising demand for high-priced vessels, such as liquefied natural gas (LNG) carriers and container ships, data showed Wednesday. The country’s shipbuilders secured a total of 9.79 [...]