Tuesday, June 30, 2020
samsung heavy industries
Maritime News

Samsung Heavy, Bloom Energy Partner to Develop Zero-Emissions Cargo Vessels

By Dimitra Kessenides and Kyunghee Park (Bloomberg) –Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power for ships by jointly designing fuel cell-powered vessels...

June 30, 2020
Total Views: 10

Tuesday, October 8, 2019
Maritime News

Samsung Heavy Industries to Build the World Largest Containerships for Evergreen

South Korean shipbuilder Samsung Heavy Industries will build six of the world’s biggest containerships for Taiwanese shipping company Evergreen Marine Corporation in a deal worth $920 million. SHI says the...

October 8, 2019
Total Views: 63

Tuesday, September 24, 2019
Deepwater Champion Drillship
Offshore News

Transocean Relinquishes Ownership in Drillship Pair Under Construction

Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a statement on Tuesday, the Switzerland-based company said it...

September 24, 2019
Total Views: 15

Tuesday, July 30, 2019
samsung heavy industries
Environment

Samsung Heavy Industries Develops Korea’s First Marine Lithium-Ion Battery System

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

July 30, 2019
Total Views: 14

Tuesday, April 24, 2018
News

Ocean Rig Postpones Delivery of Newbuild Drillship Ocean Rig Santorini at Samsung Heavy

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 drillship Ocean Rig Santorini by...

April 24, 2018
Total Views: 2

Thursday, February 8, 2018
samsung heavy industries
Maritime News

Samsung Heavy ‘Cruising’ to 2018 Order Target with $750 Million Order for Eight Containerships

South Korean shipbuilder Samsung Heavy Industries says it has been awarded an order to build eight New-Panamax containerships for an undisclosed Asian owner. The order is valued at about $752...

February 8, 2018
Total Views: 2

Wednesday, January 31, 2018
stena rig cancelled
Offshore News

Samsung Heavy Finds Buyer for Cancelled Stena Drilling Rig

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 unidentified European company for $500...

January 31, 2018
Total Views: 5

Monday, December 11, 2017
samsung heavy industries
News

Samsung Heavy CEO Resigns After Surprise Loss Forecast

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

December 11, 2017
Total Views: 7

Wednesday, December 6, 2017
samsung heavy industries
Maritime News

Samsung Heavy Industries Shares Take Record Dive on Share Sale, Loss Forecast

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co. plunged the most on record in Seoul trading after forecasting surprise losses and announcing a share sale plan, underscoring the bleak...

December 6, 2017
Total Views: 1

Thursday, November 2, 2017
News

World’s Largest FPSO Departs Samsung Heavy Industries

The world’s largest Floating, Production, Storage and Offloading (FPSO) vessel left the Samsung Heavy Industries shipyard in Geoje, South Korea under tow on Tuesday for its voyage to Nigeria.  The...

November 2, 2017
Total Views: 110

Tuesday, September 5, 2017
Press Releases

Inmarsat signs MoU with Samsung Heavy Industries to deliver applications for new build smart ships

Inmarsat (LSE: ISAT.L) has signed a ground-breaking Memorandum of Understanding (MoU) with Samsung Heavy Industries (“SHI”), establishing a relationship to leverage the ‘smart ship’ connectivity offered by Fleet Xpress at...

September 5, 2017
Total Views: 2

Monday, June 5, 2017
stena rig cancelled
Offshore News

Stena Drilling Cancels Order for Semi-Submersible Drilling Rig

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 Heavy Industries. The company said Monday its...

June 5, 2017
Total Views: 14

Monday, May 1, 2017
Maritime News

Six Killed in Crane Collapse at Samsung Heavy Industries

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 on Monday, Yonhap...

May 1, 2017
Total Views: 21

Friday, December 2, 2016
Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
News

Samsung Heavy Says $776 Million order for FPSO Facility Cancelled

SEOUL, Dec 2 (Reuters) – Samsung Heavy Industries Co Ltd said on Friday that a 907.6 billion won ($776.8 million) order for a substructure for a liquefied natural gas (LNG)...

December 2, 2016
Total Views: 0

Friday, August 19, 2016
samsung-heavy-drillship-construction
Shipbuilding

Samsung Heavy Raises Nearly $1 Billion

By Joyce Lee (Reuters)  South Korea’s Samsung Heavy Industries Co Ltd said on Friday its board of directors have approved a plan to raise about 1.1 trillion won ($985.22 million)...

August 19, 2016
Total Views: 4

Friday, July 29, 2016
samsung-heavy-drillship-construction
Shipbuilding

Samsung Heavy Stock Down On Heavy Loss

by Kyunghee Park (Bloomberg) Samsung Heavy Industries Co., the world’s third-largest shipbuilder, reported a quarterly loss that was bigger than estimates as a delay in the delivery of a rig...

July 29, 2016
Total Views: 5

Thursday, June 9, 2016
hyundai heavy industries shipbuilding
Maritime News

Battered Korean Yards Battle Slump With State-Led Overhaul

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards, battered by the deepest industry slump in at least two decades, are getting a helping hand — from the state....

June 9, 2016
Total Views: 0

Wednesday, June 8, 2016
hyundai heavy shipyard
Maritime News

World’s Top Three Shipyards Submit Plans to Raise $7.3 Billion in Revamp

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 a restructuring following losses last...

June 8, 2016
Total Views: 1

Thursday, May 12, 2016
Maritime News

As Korean Shipyards Founder, Central Bank Dragged Into Rescue Bid

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest shipbuilders that are both a massive economic force and an important national...

May 12, 2016
Total Views: 5

Thursday, April 28, 2016
Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Offshore News

Samsung Heavy Industries Loses $4.6 Billion Shell Order

By Kyunghee Park (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, said an order to build three floating liquefied natural gas production facilities was canceled after the energy...

April 28, 2016
Total Views: 11