HD Korea Shipbuilding & Offshore Engineering has secured a 340.3 billion won ($244.7 million) order to build two very large gas carriers from an Asian shipper.
Samsung Heavy Industries, the world's third-largest shipbuilder by orders, said Thursday it has received a liquefied natural gas (LNG) ship order for 358 billion won ($259 million).
Samsung Heavy Industries reported net profit of more than double last year's third quarter at 71.4 billion won on the back of increased orders for value-added ships.
Offshore Korea 2024 featured 200 exhibitors in Busan, highlighting innovations in the offshore energy sector with discussions on technology trends.
STX Heavy Industries has been named HD Hyundai Marine Engine after HD KSOE's acquisition. Kang Young was appointed CEO.
Shipbuilder Samsung Heavy Industries secured an order for 4 liquefied natural gas carriers from an unnamed Middle Eastern shipper.
Hyundai Heavy Industries launched the BRP Miguel Malvar for the Philippine Navy, featuring advanced weapon systems and a range of 8,330 kilometers.
HD Hyundai and major British oil company Shell will jointly develop a large-scale liquefied hydrogen carrier with the aim of commercializing it by 2030.
Hyosung Heavy Industry was named to BNEF's Energy Storage Tier 1 list. It currently operates ESS systems in over 200 regions.
The country's three biggest shipbuilders all logged operating profit in the first quarter on the back of rising ship prices and reduced production costs.
Korea JoongAng Daily Sitemap
