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Resurrection of the Shipbuilding Industry?

Resurrection of the Shipbuilding Industry?

SEOUL, Korea, Mar 7 (Korea Bizwire) – Samsung Heavy Industries won on February 14 a deal to build a floating liquid natural gas (FLNG) ship for Malaysia’s state-run oil company Petronas at the cost of US$1.47 billion. Given most container ships cost about $200 million apiece, this is more than seven times more expensive. Including [...]

WorldShare Joins Forces with Samsung Heavy to Help Children in Mozambique

WorldShare Joins Forces with Samsung Heavy to Help Children in Mozambique

  SEOUL, South Korea, Oct 09 (Korea Bizwire) – Korea’s non-profit organization WorldShare has joined hands with Samsung Heavy Industries to build a library and a community well in the suburban town of Matola, near the Mozambican capital Maputo. According to the charity on October 8, it signed an agreement with the city officials and [...]