Hyundai Heavy Industries Group said it will push to win approval of its newly developed gas carriers from global ship quality assurance and risk management companies, such as Lloyd's Register from Britain, and flag states in an upcoming exhibition.
The two-day public subscription period for Hyundai Heavy Industries' (HHI) initial public offering (IPO) began Tuesday with the company attracting over 5.5 trillion won in deposits on the first day.
Hyundai Heavy Industries Group closed a deal to acquire 30 percent of Doosan Infracore for 690.9 billion won ($600 million) through its Hyundai Genuine subsidiary.
A Korean district court ordered the seizure of bonds owned by Japan's Mitsubishi Heavy Industries, bringing the victims of wartime forced labor a step closer to being compensated.
A consortium led by Doosan Heavy Industries & Construction Co., a Korean plant builder, has been awarded a 180 billion-won ($155 million) water treatment deal in Britain, the company said Monday.
Hyundai Heavy Industries applied for an initial public offering (IPO) to raise up to 1.08 trillion won ($934 million).
Hyundai Heavy Industries Holdings' net nosedived more than 90 percent in the April-June period compared to the previous quarter.
Doosan Heavy Industries & Construction has invested $60 million into NuScale Power, the company announced on Tuesday, in a move that deepens its financial and business ties with the U.S. provider of small modular reactors.
Korea Shipbuilding & Offshore Engineering announced Monday that it has inked deals to build six ships worth 837 billion won ($738 million).
Shipbuilders have received far more orders so far this year than they did last year.