south korean shipbuilding

Wednesday, December 14, 2022
daewoo shipbuilding

NGOs Call on South Korea to Accelerate Shipping Decarbonization

A pair of NGOs is calling on the world’s largest shipbuilding nation to increase zero-emission shipbuilding and port infrastructure subsidies, end all

December 14, 2022
Total Views: 501

Saturday, July 23, 2022
DSME shipyard

Daewoo Shipyard Workers Reach Deal To End Strike

By Byungwook Kim and Heekyong Yang (Reuters) – South Korean contract workers at the country’s number 3 shipbuilder agreed on Friday to end their

July 23, 2022
Total Views: 2486

Tuesday, July 19, 2022
daewoo shipbuilding

South Korea’s Yoon Says DSME Shipyard Strike Causing ‘Tremendous Damage’ to Nation’s Shipbuilding

By Byungwook Kim and Heekyong Yang SEOUL, July 19 (Reuters) – A strike by contract workers at Daewoo Shipbuilding & Marine Engineering (DSME) is

July 19, 2022
Total Views: 1201

Tuesday, June 2, 2020
south korean shipbuilding
Maritime News

$19 Billion LNG Ship Order a Boon for South Korean Shipbuilders

SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order

June 2, 2020
Total Views: 156

Monday, February 10, 2020
south korean shipbuilding
Maritime News

Japan Takes Second Complaint to WTO Over South Korean Shipbuilding

BRUSSELS, Feb 10 (Reuters) – Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding

February 10, 2020
Total Views: 54

Tuesday, December 17, 2019
daewoo shipbuilding
Maritime News

Hyundai Heavy’s $1.8 Billion Deal with DSME Hits EU Antitrust Hurdle

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

December 17, 2019
Total Views: 36

Thursday, January 31, 2019
hyundai heavy shipyard

South Korea to Combine World’s Two Biggest Shipbuilders in $2 Billion Deal

By Hyunjoo Jin SEOUL, Jan 31 (Reuters) – Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth

January 31, 2019
Total Views: 156

Tuesday, November 13, 2018
south korean shipbuilding
Maritime News

Japan Takes South Korea to WTO Over Financial Support for Shipbuilders

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

November 13, 2018
Total Views: 2

Monday, June 4, 2018
daewoo shipbuilding
Maritime News

Fund Manager Bets on Revival of South Korean Shipbuilders

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,

June 4, 2018
Total Views: 5

Monday, May 28, 2018
Maritime News

South Korea to Offer ‘Industry Crisis’ Funding to Hard-Hit Shipbuilding Regions

SEOUL, May 29 (Reuters) – South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the

May 28, 2018
Total Views: 147

Thursday, October 26, 2017
Maritime News

South Korean Shipyards in Tough Battle with Undercutting Chinese Rivals

By Mike Wackett in Busan (The Loadstar) – South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels,

October 26, 2017
Total Views: 19

Thursday, April 27, 2017
Maritime News

World’s Top Two Shipyards Signal More Orders as Earnings Improve

By Kyunghee Park (Bloomberg) — The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South

April 27, 2017
Total Views: 5

Thursday, March 23, 2017
daewoo shipbuilding

DSME Gets Fresh $2.6 Billion Bailout

By Joyce Lee SEOUL, March 23 (Reuters) – South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding &

March 23, 2017
Total Views: 153

Friday, March 3, 2017
DSME Shipyard South Korea
Maritime News

Where South Korea’s Teetering, Debt-Laden Companies Go to Bank

By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —

March 3, 2017
Total Views: 18

Wednesday, January 4, 2017
hyundai heavy industries shipbuilding
Maritime News

Japan Overtakes South Korea in Ranking of Biggest Shipbuilding Nations

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.

January 4, 2017
Total Views: 341

Friday, December 23, 2016
Maritime News

More Asian Defaults Loom in 2017 Amid Korea Shipyard Debt

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

December 23, 2016
Total Views: 21

Sunday, October 30, 2016
Samsung Heavy Industries Shipbuilding (Geoje, South Korea)
Maritime News

South Korea to Spend $10 Billion to Boost Local Shipbuilers

By Jiyeun Lee, Kanga Kong and Kyunghee Park (Bloomberg) — South Korea, home to the world’s three biggest shipbuilders, plans to spend about 11

October 30, 2016
Total Views: 86

Maritime News

South Korea to Create State-Backed Ship Financing Company

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

October 30, 2016
Total Views: 4

Thursday, July 28, 2016
hyundai heavy industries shipbuilding
Maritime News

Hyundai Heavy Industries Jumps After Posting Biggest Profit in 3 Years

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. gained the most in more than a year in Seoul trading after the world’s largest shipbuilder

July 28, 2016
Total Views: 1

Wednesday, July 27, 2016
hyundai heavy shipyard
Maritime News

Hyundai Heavy Posts Biggest Profit in 3 Years on Cutting Costs

By Kyunghee Park (Bloomberg) — Hyundai Heavy Industries Co. reported its biggest quarterly profit in three years as the world’s largest shipbuilder cut

July 27, 2016
Total Views: 37