Former Petrobras Exec Sentenced to 12 Years in Prison Over Samsung Drillship Bribe
SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just
SAO PAULO, August 17 (Reuters) – A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just
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
By Rose Kim, Jungah Lee and Michael S. Arnold (Bloomberg) — The deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy
Here’s the latest update from Shell on its massive Prelude FLNG (floating liquefied natural gas) facility currently under construction at Samsung Heavy
South Korean shipbuilder Samsung Heavy Industries has been awarded an NOK 7 billion (US$890 million) contract from Statoil for the construction of the
Samsung Heavy Industries has announced the signing for a contract for three 155,000 DWT shuttle tankers, further solidifying its spot as the world’s top
by Sabrina Valle (Bloomberg) Prosecutors investigating Brazil’s largest corruption scandal say they notified the U.S. Department of Justice of evidence that
Chevron is in the midst of it’s largest-ever shipbuilding and fleet modernization program, encompassing 13 ships total including six LNG carriers to
South Korean shipbuilder Samsung Heavy Industries Co Ltd denied on Tuesday a South Korean media report that it will try again to merge with sister company
The floating storage unit (FSU) Heidrun B left the Samsung Heavy Industries shipyard in South Korea in March 2015, heading for
Some new details released by Samsung Heavy Industries about OOCL’s recent order for ultra-large container ships reveals that the mega ships will be a
Hong Kong-based Orient Overseas (International) Limited (OOIL) revealed Wednesday that it has entered into shipbuilding contracts with Samsung Heavy
This is how much size matters in the shipping industry: Bragging rights for the world’s largest container ship have changed hands four times in as many
Mitsui O.S.K. Lines has entered into a contract with Samsung Heavy Industries for the construction of four 20,150 TEU capacity Ultra Large Container
Japan’s Mitsui OSK Lines Ltd (MOL) will supervise the construction of six new very large ethane carriers (VLECs) at Samsung Heavy Industries and
Samsung Heavy Industries said on Wednesday it has decided to scrap a merger with Samsung Engineering because of the high costs of buying shares from
South Korea’s Samsung Heavy Industries has announced the development of a underwater robot for cleaning the hulls of ships. Think of it as a Roomba for
Samsung Engineering Co., South Korea’s largest engineering company, expects to win its first liquefied natural gas project contract that could be worth more
South Korea’s Samsung Heavy Industries announced Monday that it has won a US $620 million order from an Asian buyer for the construction of three LNG
South Korean shipbuilder Samsung Heavy Industries plans to build three Arctic tankers for Russian oil company Gazprom Neft, which has been targeted by Western
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