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S. Korean Shipyards Dominate Global Green-ship Market

S. Korean Shipyards Dominate Global Green-ship Market

SEOUL, Sept. 22 (Korea Bizwire) — South Korean shipbuilders won nearly 57 percent of global orders for eco-friendly ships in the first eight months of this year thanks to their technological superiority, an industry tracker said Thursday. Local shipyards clinched 56.6 percent of the world’s green-vessel orders worth 9.52 million compensated gross tons (CGTs) in [...]

Big 3 Shipyards Attain 87 pct of Yearly Order Goals

Big 3 Shipyards Attain 87 pct of Yearly Order Goals

SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s three major shipbuilding companies have achieved nearly 87 percent of their yearly order targets thanks to a jump in orders for high-priced liquefied natural gas (LNG) carriers, government data showed Wednesday. The top three shipyards — Korea Shipbuilding & Offshore Engineering Co. (KSOE), Daewoo Shipbuilding & Marine [...]

S. Korean Shipbuilders Turn to Robots Amidst Labor Shortage

S. Korean Shipbuilders Turn to Robots Amidst Labor Shortage

SEOUL, March 18 (Korea Bizwire) — South Korea’s major shipbuilders are introducing robots to overcome a lack of manpower. Samsung Heavy Industries Co. recently introduced robots at its shipyard in Geoje Island to cut steel materials and weld them into blocks. During the sub-block assembly, a human employee works with the so-called ‘collaboration robots’, instead [...]

S. Korean Shipbuilders Open R&D Centers in Pangyo

S. Korean Shipbuilders Open R&D Centers in Pangyo

SEOUL, Jan. 7 (Korea Bizwire) — As global shipbuilding trends are shifting towards a focus on technology, including self-driving ships, Korean shipbuilders are opening a string of research and development (R&D) centers in Pangyo, a district in Seongnam, Gyeonggi Province. Pangyo is often cited as a Korean version of Silicon Valley. Shipbuilding conglomerate Hyundai Heavy [...]