Daewoo and Samsung expects to win icebreaking LNG carrier ordersDaewoo Shipbuilding and Marine Engineering Co. (DSME) and Samsung Heavy Industries Co. (SHIC) are full of hope to win orders from Russia for icebreaking LNG carriers.
Korean Shipbuilders work on eco-friendly shipsHyundai Heavy Industries Co. and other major shipbuilders are working to improve ships' environmentally friendly power systems to win further deals despite stricter pollution regulations.
Port of Busan partially shut down due to a suspicious Russian shipIn the morning of 21 June a Russian reefer vessel entered Busan Port with 21 crew members, including 16 who tested COVID-19 positively.
Hyundai Heavy Industries decided to integrate its business divisionsSouth Korea's largest shipbuilder, Hyundai Heavy Industries (HHI), has decided to integrate its divisions of shipbuilding and offshore business and scale back the organization by about 20 per cent.
South Korea coordinates autonomous efforts on shipsIn an effort to ensure its place in the growing number of imitations for the development of autonomous unnamed shipping solutions, South Korea is setting up a new effort to spur the development and marketing of autonomous ship technology.
Korean shipbuilders lag far behind Chinese rivalsSouth Korea was a distant second player after China in the first five months of the year as regards new shipbuilding orders, data showed.
Samsung Heavy to launch GasLog LNG newbuildA new liquefied natural gas carrier has been unveiled by South Korea's shipbuilding company Samsung Heavy Industries for Greece-based LNG shipper GasLog.
Hyundai Heavy to receive 480 bln-won green loanSouth Korean state-run lender KDB announced that tthe company and the other financial institutions supported Hyundai Heavy Industries Co, the country's largest shipbuilder, with 480 billion won in loans.
Korean Defence Agency to create the next generation destroyerSouth Korean Defence Acquisition Program Administration (DAPA) announced on 29 May that it will start recruiting companies to participate in the "Korea Next-Generation Destroyer (KDDX)" core design.
Samsung and Korean Register to improve cyber security of smart shipsThe Korean Register (KR) has signed a Memorandum of Understanding (MOU) with compatriot Samsung Heavy Industries (SHI) to conduct a joint report at SHI 's Marine Technology Research Center on "Ship cyber Security Network Construction and Design Safety Eva
Hyundai Heavy delivers Philippine Navy's frigateBRP Jose Rizal, the new Philippine Navy frigate designed by Hyundai Heavy Industries (HHI) departed for the Philippines with masks and other quarantine supplies.
Damen signed a deal with Korean yard Hanjin HeavyThe Dutch Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to supply components for a vessel for oil recovery / dredging.
Hyundai hands over first of four new bulkers to BahriShipbuilding Hyundai Vietnam (HVS), a division of Hyundai Mipo Dockyard Co. Ltd. (HMD), shipped a new dry-bulk carrier to Bahri, Saudi Arabia 's largest shipping carrier.