hyundai heavy industries

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards plan to raise a combined 8.41 trillion won ($7.3 billion) selling assets as part of

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

SEOUL, May 9 (Reuters) – South Korea’s Hyundai Heavy Industries Co Ltd, the world’s biggest shipbuilder by revenue, will slash more jobs and

The world’s largest shipbuilder Hyundai Heavy Industries is set to slash 10% of its workforce this year as part of the South Korean shipbuilding

By Kyunghee Park and Jonathan Burgos (Bloomberg) — For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With oil prices

SEOUL, Jan 4 (Reuters) – Hyundai Heavy Industries Co Ltd said on Monday it is plans an order target of $19.5 billion in 2016, down from a target of

The Aasta Hansteen spar is designed by Technip-USA and is currently being built by Hyundai Heavy Industries in South Korea. The facility will be the first spar

A unit of Fred Olsen Energy has decided to cancel its contract with Hyundai Heavy Industries for a newbuild semi-submersible drilling rig amid a

  By David Fickling (Bloomberg View) — Things had been looking more hopeful for Korea’s three largest shipbuilders, until today. After seven

Fred Olsen Energy revealed Thursday that Hyundai Heavy Industries, the world’s biggest shipbuilder, has filed a claim against a subsidiary of Fred Olsen

  By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating

  Maersk Line, the world’s largest container shipping company, announced Wednesday the signing of a newbuild contract with South Korea’s

  The National Shipping Company of Saudi Arabia, aka Bahri, has returned to South Korea’s Hyundai Samho Heavy Industries for five newbuild Very

Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping companies seek ways to cut

Maersk Line, a unit in shipping and oil group A.P. Moller-Maersk, said on Tuesday it had ordered 11 ultra-large container vessels from South Korea's Daewoo

Today’s ship photo of the day is an extremely high detailed HDR Image the FPSO (floating production, storage and offloading) vessel constructed by

  South Korea’s Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced a new milestone Tuesday with the recent delivery

During Narendra Modi’s three-day visit to South Korea this week, the Indian Prime Minister was focused on seeking increased industrial partnership

After a year of testing, Hyundai Heavy Industries, the world’s largest shipbuilder, says its new fuel saving propeller attachment is now ready to hit the

Yeongam, South Korea-based Hyundai Samho Heavy Industries (HSHI), an affiliate of Hyundai Heavy Industries (HHI), announced today the completion of the