SEOUL, Jan. 22 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has clinched a 331.2 billion-won (US$247 million) order for two very large ammonia carriers (VLACs) from an Oceanian shipper. The eco-friendly vessels will be constructed at Hanwha Ocean’s shipyard in Geoje on the south coast and delivered to the [...]
SEOUL, Jan. 18 (Korea Bizwire) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder by orders, said Thursday it has received a 315 billion-won (US$235 million) order to build two gas carriers in the Oceania region. The two very large gas carriers (VLACs) will be delivered to an unidentified shipper in the Oceania region by [...]
SEOUL, Jan. 15 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Monday it has received a 310 billion-won (US$235 million) order to build two liquefied petroleum gas carriers for a shipper in the Middle East. The two LPG ships will be built at the shipyard of HD Hyundai Heavy Industries [...]
GEOJE, Jan. 4 (Korea Bizwire) –Daewoo Shipbuilding & Marine Engineering, currently known as Hanwha Ocean, is embroiled in a security breach involving the leak of submarine blueprints to Taiwan, with the South Korean police conducting an investigation. According to police reports on January 4, the South Gyeongsang Provincial Police Agency has begun an investigation into [...]
SEOUL, Jan. 2 (Korea Bizwire) — Samsung Heavy Industries Co., the world’s third-biggest shipbuilder by orders, said Tuesday it has received a US$1.5 billion order to build a floating liquefied natural gas (FLNG) facility in North America. Samsung Heavy formed a consortium with U.S. engineering company Black & Veatch to sign an engineering, procurement and [...]
SEOUL, Dec. 27 (Korea Bizwire) — South Korean shipbuilding titan HD Hyundai Heavy Industries Co. said Wednesday it has recently completed the basic design for the country’s next-generation Aegis destroyer. It comes three years after HD Hyundai Heavy was chosen as the preferred bidder for the Korea Destroyer Next Generation (KDDX) project to build a [...]
SEOUL, Dec. 26 (Korea Bizwire) — Samsung Heavy Industries Co., the world’s third-biggest shipbuilder by orders, said Tuesday it has received a 310.8 billion-won (US$240 million) order to build two very large ammonia carriers for a shipper in Oceania. The order calls for Samsung Heavy to deliver the ammonia carriers to an unidentified shipper in [...]
SEOUL, Dec. 22 (Korea Bizwire) – South Korean shipbuilder Hanwha Ocean clinched a 1.1 trillion-won (US$845 million) deal Friday to build a 3,600-ton submarine for the Navy, the state procurement agency said. Hanwha Ocean signed the deal with the Defense Acquisition Program Administration (DAPA) to construct the third and last submarine under the Changbogo-III Batch-II [...]
SEOUL, Dec. 18 (Korea Bizwire) — A consortium led by food conglomerate Harim Group was picked Monday as the preferred bidder for South Korea’s top container shipper HMM Co., creditors said, heralding the start of its privatization. Last month, two state agencies — the state-run Korea Development Bank (KDB) and the Korean Ocean Business Corp. [...]
SEOUL, Dec. 15 (Korea Bizwire) — South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Friday it has won a US$500 million order to build three very large ethane carriers for an Oceanian shipper. HD Hyundai Heavy Industries Co., one of HD Korea Shipbuilding’s three shipbuilding units, will construct the 98,000-cubic-meter vessels at [...]