Analysts expect the downturn in global orders for capesize bulk carriers to continue through to 2012, which may intensify the race for survival for shipyards in China. -By Alex Lee [...]
Hyundai Heavy Industries, the world’s biggest shipbuilder, hailed the New Year by naming two 318,000 DWT VLCC (Very Large Crude Oil Carrier) for an Indian shipping line, Great Eastern Shipping Company (GESCO) [...]
Hyundai Heavy Industries says it has won a $400 million order to build two 155,000 cbm LNG carriers for Singapore-based BW Maritime. These membrane-type LNG carriers, measuring 228m in length, [...]
Hyundai Heavy Industries says it has completed final performance testing on a scale model of a 190,000 DWT icebreaking iron ore carrier that, once completed, will be the world’s largest [...]
South Korean shipbuilder Hyundai Heavy Industries has gone mobile, launching the world’s first after-sales services (A/S) for ships accessible via a smartphone. Called m-PASS, the mobile A/S system allows shipowners [...]
Image (c) Hyundai Heavy Industries SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by orders, said Wednesday its second-quarter net profit fell 17% on year as high [...]
MARAN GAS ASCLEPIUS – photo by Gilbert CAILLER SEOUL – South Korea’s Hyundai Samho Heavy Industries has inked an order for two 164,000m³ LNG carriers with Greece’s Maran Gas, an [...]
The following article originally appeared in DNV’s Tanker update No. 1 2011. by Magne A. Røe, DNV The Hyundai group of shipyards has the combined capacity to produce 200 new [...]
SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by orders, expects its new ship orders to exceed $7.47 billion this year, though demand in the second half [...]
Hyundai Heavy Industries said today it clinched a USD 1.12 billion order to build two drillships for drilling contractor Rowan Companies Inc. on May 31. The vessels, rated for operations [...]
Hyundai Heavy Industries has won a US $600 million order to build two 155,000 m3 LNG carriers, including an option for another same class vessel, from Greece-based Dynagas Ltd. These [...]
On the heals of announcing a $1.8 billion deal with Andarko for the future use of two of their newbuild drillships, Diamond Offshore has issued the following press release announcing [...]
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