samsung heavy industries

South Korean shipbuilder Samsung Heavy Industries has received two shipbuilding orders valued at approximately $3 billion (3.9 trillion won) to build fourteen

Finnish technology group Wärtsilä has been selected to supply the main and harbor engines for a series of seven new Arctic shuttle tankers under construction

South Korean shipbuilder Samsung Heavy Industries (SHI) has announced plans to enter the renewables market with the development of a large-scale floating wind

South Korean shipbuilder Samsung Heavy Industries has announced plans to develop nuclear power plant technology for ships as the industry seeks ways to reduce

South Korean shipbuilder Samsung Heavy Industries has unveiled a new proprietary Wind Turbine Installation Vessel (WTIV) design that the shipyard will market

How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping

SINGAPORE, Feb 24 (Reuters) – The Maritime and Port Authority of Singapore (MPA) has joined an industry-led project to advance the use of ammonia as a

By Dimitra Kessenides and Kyunghee Park (Bloomberg) –Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power

South Korean shipbuilder Samsung Heavy Industries will build six of the world’s biggest containerships for Taiwanese shipping company Evergreen Marine

Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a

Samsung Heavy Industries has unveiled a marine lithium ion battery system intended to reduce fuel consumption, thereby reducing emissions and operating costs.

Offshore driller Ocean Rig has announced it has reached a deal with South Korean shipbuilder Samsung Heavy Industries to postpone the delivery of the newbuild

South Korean shipbuilder Samsung Heavy Industries says it has been awarded an order to build eight New-Panamax containerships for an undisclosed Asian owner.

South Korean shipbuilder Samsung Heavy Industries says it has agreed to sell a semi-submersible drilling rig it had originally built for Stena Drilling to an

South Korean shipbuilder Samsung Heavy Industries has appointed a new chief executive officer after the resignation of the former CEO after forecasting another

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co. plunged the most on record in Seoul trading after forecasting surprise losses and announcing

The world’s largest Floating, Production, Storage and Offloading (FPSO) vessel left the Samsung Heavy Industries shipyard in Geoje, South Korea under tow

Inmarsat (LSE: ISAT.L) has signed a ground-breaking Memorandum of Understanding (MoU) with Samsung Heavy Industries (“SHI”), establishing a relationship to

Aberdeen-based Stena Drilling says it has canceled a newbuilding contract for a semi-submersible drilling rig it had on order at South Korea’s Samsung

SEOUL/OSLO, May 1 (Reuters) – Six people died and more than 20 were injured when a crane collapsed at a Samsung Heavy Industries shipyard in South Korea