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Korean Shipyards Dominate
Korean shipyards dominate the global shipbuilding market in terms of backlog orders. According to the London-based market researcher Clarkson, Hyundai Heavy Industries…
Qatar Orders $3b of LNG Tankers
Qatar Gas Transport Co ordered $3b of natural LNG from South Korean companies including Hyundai Heavy Industries as the state prepares to triple exports of the fuel.
Qatar Gas Transport to lease 10 LNG carriers
Qatar Gas Transport Co said it will lease 10 South Korean-built liquefied natural gas (LNG) carriers, bringing the size of its carrier fleet to 16. The company said…
KDB to Unveil Daewoo Sale Plan in 2007
Reuters reported that Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering Co. Ltd. , will announce in early 2007 a plan to sell the world's No.
Euronav Buys Newbuilding Suezmaxes
Euronav NV has signed a contract to acquire the resale of two double-hull 159,000 dwt Suezmaxes under construction at Samsung Heavy Industries (Samsung), Koje Island…
Samsung Heavy Raises Order Target
According to Bloomberg, Samsung Heavy Industries Co., raised its target for new orders this year 56 percent as growing global trade and higher demand for oil products…
Korean Shipbuilders Place in Top 10 for June Orders
Korean shipbuilders occupied seven out of the top 10 positions in the world last month in terms of orders. Hyundai Heavy Industries was the world’s largest shipyard…
Seaspan Corp. Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 17th contracted vessel, the Lahore Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co.
SHI Delivers World’s Largerst Container Ship
The world’s largest container ship, Xin Los Angeles, has been delivered by Samsung Heavy Industries Co Ltd. (SHI) to Lloyd’s Register class. The ship is owned by…
Report: S. Korea lags China, Japan in Shipyards
According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May…
Korean Shipbuilders Eye the Future
The Korea’s shipping industry, the world largest, is preparing itself for the future. The domestic shipping industry has been sweeping the first seven places across…
Korean Shipyards Rank 1-7th in Order Backlogs
South Korean shipyards ranked No. 1 through No. 7 in terms of order backlogs as of the end of April, the Korea Times recently reported. Hyundai Heavy Industries…
Samsung Uses DELMIA for Digital Shipbuilding Plant
Dassault Systèmes (DS) announced that the shipbuilder Samsung Heavy Industries (SHI) has built a simulation-based digital shipyard using DELMIA digital manufacturing technology…
LR to Class World’s Largest LNG Ships
Lloyd’s Register is to class all six of the next series of large liquefied natural gas (LNG) ships ordered by Qatar Gas Transport Co Ltd (NALIKAT) for the fifth train of the Qatargas II project.
LR to Class World’s Largest LNG Ships
Lloyd’s Register is to class all six of the next series of large liquefied natural gas (LNG) ships ordered by Qatar Gas Transport Co Ltd (NALIKAT) for the fifth train of the Qatargas II project.
South Korea Shipyards Fear Hull Blocks Shortage
Shipyards in South Korea are worried about a shortage of hull blocks as demand from Japan grows and local block manufacturers convert to shipyards, Korea Times reported.
Qatar Orders LNG Carriers
According to reports, Hyundai Heavy Industries Co and two other South Korean shipbuilders said they won orders for 10 LNG carriers from Qatar Gas Transport totaling $2.5b.
Korean Shipyards Said to Win LNG Deal
According to reports, Qatar is expected to hire three South Korean shipbuilders to build 44 liquefied natural gas carriers for a total of $10 billion. The joint project between U.S.
Qatar Gets 3 Korean Shipbuilders $7b Jackpot
Qatar is becoming a goldmine for Korean shipbuilders as the top three companies won orders for liquefied natural gas (LNG) tankers worth $7 billion. Hyundai Heavy Industries…
Report: Korean Shipbuilders Dominate Global Orders
Reports indicate that South Korea's shipbuilders ranked No. 1 through No. 7 worldwide in terms of order backlogs for the first time ever as of the end of February…