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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…
South Korean Shipbuilders Profit from Mideast Orders
South Korean shipbuilders and construction companies are enjoying benefits from profitable orders from overseas, particularly Mideast countries that have huge currency…
Many 1Q Orders for South Korean Shipbuilders
South Korean shipbuilders racked up large overseas orders in the first quarter, keeping them on course to far exceed yearly targets, Korea Times reported. Hyundai Heavy Industries…
Korean Shipbuilders Book Orders for First Quarter
According to sources, South Korean shipbuilders racked up large overseas orders in the first quarter, keeping them on course to exceed yearly targets, industry sources said Sunday.
ABB Wins Contracts Worth $110M
ABB has been awarded contracts worth $110 million to supply electrical power systems for twelve vessels and five offshore drilling rigs. • Total electrical power…
QGTC Awarded Charters for Six LNG Carriers
Qatar Gas Transport Company Ltd. (Nakilat) announced that it has been awarded 25 year time charters by Qatar Liquefied Gas Company Limited (II), (QGII) for six 'QMax'…
SHI Develops RTLinux Powered Robots
FSMLabs, a software developer announced that Samsung Heavy Industries Shipbuilding Division (SHI) has selected RTLinuxPro as the base for its robotics systems and…
Aker Kvaerner Gets Contract for Arctic Bow Loading Systems
Aker Kvaerner has been awarded a contract with Samsung Heavy Industries Co. Ltd in South Korea for delivery of bow loading systems for three new shuttle tankers able to operate in arctic conditions.
S. Korean Shipbuilders Rushing to China for Hull Production
According to reports, South Korean shipbuilders are scrambling to move production of ship hulls to China to take advantage of its cheap labor and vast factory sites, industry sources said.
Shipbuilders Demand Lower Steel Prices
South Korean shipbuilders are asking Japanese steelmakers to reduce their steel plate prices, Asia Times Online reported. The price of imported Japanese steel plates…
Seaspan Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its fourteenth ship, the Dubai Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd.,…
High Royalties to Cut Into Shipbuilding Profits
South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing liquefied natural gas (LNG) carriers, causing a big reduction in their earnings…
