Tuesday, November 20, 2018
lng tanker construction
Maritime News

South Korean Shipbuilders’ Lock on LNG Tanker Market Could Last for Years

By Jane Chung and Yuka Obayashi SEOUL/TOKYO, Nov 20 (Reuters) – South Korean shipyards have boxed out their Japanese rivals from the market for building large ships carrying liquefied natural gas...

November 20, 2018
Total Views: 6

Tuesday, March 20, 2018
News

More Casualties Seen Possible Among Korean Shipbuilders

By Lianting Tu and Narae Kim (Bloomberg) — South Korean shipbuilders aren’t out of the woods yet even as orders begin recovering, with the smaller ones facing collapse in the...

March 20, 2018
Total Views: 9

Wednesday, May 10, 2017
hyundai heavy shipyard
Offshore News

Hyundai Heavy’s $11 Billion Breakup Paves Way for More Deals

By Abhishek Vishnoi and Kyunghee Park (Bloomberg) — The world’s second-largest shipbuilder has split itself into four companies, a move that would facilitate a potential sale of some of the...

May 10, 2017
Total Views: 4

Wednesday, June 15, 2016
DSME Shipyard South Korea
News

Korean Banks Holed Below the Waterline by Shipping Debt

By Christopher Langner (Bloomberg) — Now, the ship really has sailed. After kicking the can down the waterway for a few years, Korean banks will have to reckon with the...

June 15, 2016
Total Views: 0

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

south korean shipbuilding
News

South Korea Creates $9.5 Billion Fund for Banks Exposed to Shipyard Troubles

By Christine Kim and Joyce Lee SEOUL, June 8 (Reuters) – South Korea’s government and central bank will create an 11 trillion won ($9.50 billion) fund to support two state-run...

June 8, 2016
Total Views: 3