Korea Shipbuilding & Offshore Engineering (KSOE) received an order worth 1.96 trillion won ($1.5 billion) from an Asian shipper to build seven liquefied natural gas (LNG) carriers, the company announced Wednesday, as Korean shipbuilders continue...
Korean shipbuilders are upping their investment into green maritime technology and digitalization in a bid to gain an upper hand in competition with rivals in China and Japan. With harsher environmental regulations set to be in place from 2023...
Korean shipbuilders were No. 1 globally in terms of orders booked in the first half, regaining the top spot for the first time in four years. They are also expected to lead the rankings in the second half.
Korea Shipbuilding & Offshore Engineering (KSOE) received a 744.9 billion won ($579.5 million) order for six offshore patrol vessels (OPVs) from the Philippines. KSOE, 35.05 percent owned by Hyundai Heavy Industries (HHI) Holdings...
Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) and other companies signed a joint development project deal to make the world's biggest liquefied carbon dioxide carrier.
Korea Shipbuilding & Offshore Engineering (KSOE) said Tuesday it has succeeded in conducting a virtual test run of an autonomous passenger ship.
Hyundai Heavy Industry Holdings reported a net profit of 186 billion won ($155 million) last year from a net loss of 789.7 billion won in 2020.
Korea Shipbuilding and Offshore Engineering (KSOE) has ended it efforts to acquire Daewoo Shipbuilding & Marine Engineering (DSME), following the European Commission's veto of the deal.
Korea Shipbuilding & Offshore Engineering (KSOE) said Tuesday it received a 583 billion won ($490 million) order to build two patrol frigates for the Philippines.
Both major and mid-sized shipbuilders' orders are on the rise as demand for liquefied natural gas (LNG) carriers grow.