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Daewoo Shipbuilding, Hyundai Merchant Cooperate for Smart Ship Development

Daewoo Shipbuilding, Hyundai Merchant Cooperate for Smart Ship Development

SEOUL, Sept. 26 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co. said Thursday it has joined forces with South Korea’s top shipping firm Hyundai Merchant Marine Co. to develop smart ship technologies. The two sides will collaborate in developing various technologies used for smart ships, such as real-time monitoring and automation systems, according to [...]

Hyundai Merchant Seeing Business Improvement

Hyundai Merchant Seeing Business Improvement

SEOUL, Sept 19 (Korea Bizwire) — Hyundai Merchant Marine Co., South Korea’s top shipping firm, is seeing its business performance improve sharply on the back of reduced costs and increased profit, its chief said Tuesday. “Compared to last year, our performance is improving significantly, based on a virtuous cycle of reduced costs and expanded profit,” [...]