Hanwha Ocean Faces Shipyard Delays Following Worker Fatality
The death of a worker at Hanwha Ocean’s shipyard early this month has ignited scrutiny over safety practices in South Korea’s shipbuilding industry.
The death of a worker at Hanwha Ocean’s shipyard early this month has ignited scrutiny over safety practices in South Korea’s shipbuilding industry.
by John Konrad (gCaptain) At a defense expo in the Philippines, South Korea’s Hanwha Ocean unveiled its Ocean 4300 frigate, signaling more than just a new
A pair of NGOs is calling on the world’s largest shipbuilding nation to increase zero-emission shipbuilding and port infrastructure subsidies, end all
By Byungwook Kim and Heekyong Yang (Reuters) – South Korean contract workers at the country’s number 3 shipbuilder agreed on Friday to end their
By Byungwook Kim and Heekyong Yang SEOUL, July 19 (Reuters) – A strike by contract workers at Daewoo Shipbuilding & Marine Engineering (DSME) is
SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order
BRUSSELS, Feb 10 (Reuters) – Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding
By Foo Yun Chee BRUSSELS, Dec 17 (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with
By Hyunjoo Jin SEOUL, Jan 31 (Reuters) – Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth
By Tom Miles GENEVA, Nov 13 (Reuters) – Japan has launched a complaint at the World Trade Organization to contest what it says is illegal financial
By Heejin Kim and Kyunghee Park (Bloomberg) — Park Hong-sik, a fund manager who correctly predicted the rally of South Korean technology stocks in 2017,
SEOUL, May 29 (Reuters) – South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the
By Mike Wackett in Busan (The Loadstar) – South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels,
By Kyunghee Park (Bloomberg) — The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South
By Joyce Lee SEOUL, March 23 (Reuters) – South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding &
By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —
For the first time in nearly two decades Japanese shipbuilders have overtaken rivals in South Korea in terms of newbuild order backlog, industry data shows.
By Jung Park (Bloomberg) — As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about
By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11
By Joyce Lee and Cynthia Kim SEOUL, Oct 31 (Reuters) – South Korea said on Monday it plans to establish a state-backed ship financing company with an
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