Korea Joongang Daily
Korea JoongAng Daily

HD KSOE wins multiple contracts worth $2.1 billion for gas carriers

HD Korea Shipbuilding & Offshore Engineering (KSOE) won 2.79 trillion won ($2.3 billion) worth of orders from multiple clients in Europe, Oceania and Asia to build 12 gas carriers.

2023-05-02

KSOE wins $2 billion order for 12 methanol-powered ships

Korea Shipbuilding & Offshore Engineering (KSOE) won a 2.53 trillion-won ($2.05 billion) order to build 12 methanol-propelled large container ships from a European shipper, the company announced Wednesday.

2023-02-01

KSOE clinches first LNG carrier contract of the year

Korea Shipbuilding & Offshore Engineering (KSOE) clinched a 971.4-billion-won ($784.4 million) order to build three supersized liquefied natural gas (LNG) carriers for an Oceanian shipper, the company announced Tuesday, in the first order of 2023.

2023-01-17

KSOE decides not to seek affiliate IPO

Korea Shipbuilding and Offshore Engineering (KSOE) said Tuesday that it has decided not to push for an initial public offering of Hyundai Samho Heavy Industries, one of its three affiliates.

2023-01-03

Hanwha makes bid to acquire controlling share of STX Heavy Industries

Hanwha made a preliminary bid to acquire a controlling share of STX Heavy Industries, a local ship engine maker.

2022-12-27

KSOE makes preliminary bid to acquire controlling stake of STX Heavy Industries

KSOE, the intermediate sub-holding company of HD Hyundai, submitted a letter of intent to buy 47.81 percent of STX Heavy Industries from its largest shareholder Pinetree Partners, a local private equity firm.

2022-12-16

Share price of STX Heavy Industries surges 30 percent Friday morning

The strong rally came after local media reported that Korea Shipbuilding and Offshore Engineering (KSOE) joined the bid to acquire 47.81 percent of STX Heavy Industries.

2022-12-16

Top Korean shipbuilder wins ￦399.9 billion order for two carriers

Korea's top shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) said Thursday it has clinched a 399.9 billion-won ($308 million) order to build two very large ethane carriers (VLECs) for an Asian shipper.

2022-12-01

KSOE invests ￦42.5 billion in nuclear reactor firm TerraPower

Korea Shipbuilding & Offshore Engineering (KSOE) signed a 42.5 billion won ($30 million) investment agreement with TerraPower, a nuclear innovation company focused on small modular reactors (SMR) established by Bill Gates.

2022-11-04

KSOE signs $1.14B contract with Maersk for methanol-powered container ships

Korea Shipbuilding & Offshore Engineering (KSOE) announced Wednesday that it had signed a 1.62-trillion-won ($1.14 billion) contract with Danish shipper Maersk for six methanol-powered container ships.

2022-10-05