HJ Shipbuilding & Construction (HJSC) held a naming ceremony for two 5,500-TEU eco-friendly container ships at Yeongdo Shipyard in Busan on Feb. 6. The ceremony was attended by more than 100 people including clients, classification supervisors, and HJSC employees.The two vessels were named the Zim Y
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of Hyundai Heavy Industries Group, announced on Jan. 10 that it has signed shipbuilding contracts worth 1.3 trillion won with three clients in Europe and Central and South America.KSOE will build nine vessels -- four 1
Hyundai Steel announced on July 15 that it has established a mass-production system for 9-percent nickel steel plates and started to supply the super-high-performance cryogenic steel product to corporate customers.The company finished development of the new steel product in December 2020. Nine-perce
Korea Shipbuilding & Offshore Engineering (KSOE) is expected to win an order for methanol-fueled 15,000-TEU container ships from Maersk, the world's largest shipping company. If KSOE secures the deal, it will further boost the company’s position in the eco-friendly ship market.KSOE is negotiatin
Korea Shipbuilding & Offshore Engineering (KSOE) is expected to secure an order to build container ships using methanol as a fuel from Maesk, the world's largest container ship service operator.Hyundai Mipo Dockyard, a subsidiary of KSOE, recently signed a letter of intent (LOI) with Maesk to bu
Korean shipbuilders have bagged 1.6 trillion won worth of new ship construction orders.Korea Shipbuilding & Offshore Engineering (KSOE) announced on March 9 that it has recently won orders for eight ships worth 835 billion won from shipping companies in Liberia, Oceania and Europe.The eight vessels
Hyundai Heavy Industries Holdings announced on Feb. 4 that its two affiliates, Hyundai Heavy Industries Co. and Hyundai Samho Heavy Industries had canceled 10 VLCC construction contracts worth 980 billion won due to the Oceanian client’s failure to pay construction fees within the deadline.Hyundai H
Hyundai Mipo Dockyard, a subsidiary of Hyundai Heavy Industries Group, announced on March 21 that it recently inked a contract with an Asian shipping company to build three 2,500-TEU container ships worth 120 billion won.The container ships are each 197 meters long, 32.5 meters wide and 16.8 meters