SEOUL, Sept. 26 (Korea Bizwire) – Samsung Heavy Industries Co, a major South Korean shipyard, said Tuesday that it has clinched a 1.1 billion-won (US$968 million) deal to build six container vessels. In a regulatory filing, Samsung Heavy said it would deliver the vessels by the end of 2019. The shipyard did not reveal the [...]
SEOUL, Sept. 21 (Korea Bizwire) – Daewoo Shipbuilding & Marine Engineering Co., a major shipyard here, said Thursday that it has clinched a 927 billion won (US$818 million) deal to build five container vessels. In a regulatory filing, Daewoo Shipbuilding said it will deliver the vessels by March 15, 2020. The shipbuilder did not reveal [...]
SEOUL, Aug. 30 (Korea Bizwire) — Two South Korean shipbuilders — Samsung Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co. — are expected to win a combined US$1.5 billion deal, industry sources said Wednesday. According to industry tracker TradeWinds, the Mediterranean Shipping Co. (MSC) is working on an order for up to 11 [...]
SEOUL, Apr. 11 (Korea Bizwire) — Since last year’s fall of Hanjin, one of South Korea’s largest shipping companies, the New Port of Busan, which is mostly managed by foreign operators, has reported profit and revenue gains, according to recent business reports. An accounting report released yesterday by DP World revealed the Dubai-based port operating [...]
BUSAN, Korea, Jan. 9 (Korea Bizwire) – Oscar, owned by MSC, the world’s second largest shipping company, arrived at the new port of Busan on January 8. Oscar is the largest container vessel in the world, with a capacity of 19,224 20-feet long containers. Daewoo Shipbuilding and Marine Engineering built the ship at its Okpo shipyard. The [...]