SEOUL, July 19 (Korea Bizwire) — South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has won a 179 billion-won (US$141.4 million) order to build two liquefied carbon dioxide (CO2) carriers for a Greek shipper. Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding & Offshore Engineering’s three subsidiaries, will construct [...]
SEOUL, July 17 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has bagged a 3.96 trillion-won (US$3.1 billion) order to build 16 container ships for an Asian shipper. The 16,000 twenty-foot equivalent unit (TEU) vessels powered by methanol will be delivered to the undisclosed shipping company in stages by December [...]
SEOUL, June 14 (Korea Bizwire) — Hyundai Vietnam Shipbuilding Co., a unit of South Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai, said Wednesday it has recently clinched an order to build two oil and chemical tankers for an African shipping company. The latest order raises its cumulative orders to 199 vessels, a feat [...]
SEOUL, June 9 (Korea Bizwire) — South Korean ship service provider HD Hyundai Global Service Co. said Friday it has bagged a US$50 million order for the re-liquefaction of liquefied natural gas (LNG) carriers from a Norwegian shipper. The deal calls for installing re-liquefaction systems on five LNG vessels operated by Cool Company Ltd., also [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s top wire and cable maker LS Cable & System Ltd. said Monday it has bagged a high-voltage cable supply deal worth around 2 trillion won (US$1.51 billion) from the Netherlands. Under the deal with Dutch state power firm TenneT, LS Cable will supply the high-voltage direct current [...]
SEOUL, Feb. 20 (Korea Bizwire) — SK Signet Inc., a South Korean manufacturer of electric vehicle (EV) chargers, said Monday it has recently clinched its first supply contract in Europe worth 7.3 million euros (US$7.8 million) as it accelerates its market expansion in the region. The contract was signed in December last year with an [...]
SEOUL, Dec. 12 (Korea Bizwire) — LS Cable & System Ltd., the world’s third-largest wire and cable maker by sales, said Monday it has obtained a 400 billion-won (US$305 million) submarine cable supply deal from Sweden. LS Cable will supply extra-high voltage submarine cable systems to an offshore wind farm being built in the North [...]
SEOUL, Nov. 29 (Korea Bizwire) — South Korea invoked a return-to-work order on truckers of the cement industry, the finance minister said Tuesday, pointing out their on-going strike weighs down on the national economy. The decision came as thousands of truckers have been on a strike since Thursday, demanding the government extend temporary rules guaranteeing [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Korean shipyard HJ Shipbuilding & Construction Co. said Thursday it has clinched a 212 billion-won (US$159 million) order to build four high-speed patrol ships for the country’s Navy. HJ Shipbuilding & Construction said in a regulatory filing that it has bagged the order from the Defense Acquisition Program [...]
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 [...]