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Tag: Hyundai Heavy Industries

Vard secures its largest order ever from Inkfish

NewBuilds
The vessel will feature one of the largest battery installations ever fitted on a ship, enabling up to 12 hours of silent operations for scientific missions

The Ukrainian icebreaker “Noosfera” completed its fifth Antarctic season

Arctic&Antarctic
The season lasted more than 7 months — from mid-October to the end of May (for comparison: last year was almost 5 months).

Ocean Yield Takes Delivery of New VLCC

NewBuilds
Norway-based ship owning company Ocean Yield ASA has taken delivery of the very large crude carriers (VLCC) Nissos Despotiko.

HHI votes in favour of merger with DSME

General
HHI shareholders decided to vote in favour of the merger with DSME

Hyundai Heavy Sells Oil Stake to Saudi Aramco

Oil & Gas
South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco

HHI clinches bumper $630m gas and tanker newbuild orders

NewBuilds
HHI has announced on Sunday an order win for a 174,000-cu m LNG carrier, bringing its recent newbuilding orders to a total value of KRW700bn

HHI/DSME merger a first step toward regaining FPSO market share

General
Westwood Global Energy anticipates final investment decisions for 83 offshore greenfield developments this year

HHI Signs Definitive Agreement to Acquire DSME

General
Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering

Hyundai Heavy clinches official agreement with KDB for DSME takeover

General
South Korean shipbuilding major Hyundai Heavy Industries has signed an official contract with KDB today for the takeover DSME

Unions At HHI and DSME Protest Merger Agreement, Daewoo Shipbuilding and Marine Engineering

Business
Unions at HHI and DSME are contemplating a labor action to demand job security after the two giant conglomerates merge.

Hyundai Heavy Industries May Be Sole Bidder for DSME

NewBuilds
Samsung Heavy Industries is not likely to compete with Hyundai Heavy Industries for rights to acquire Daewoo Shipbuilding and Marine Engineering

Hyundai Heavy Industries in Talks to Buy DSME

Business
Hyundai Heavy Industries (HHI) has reportedly expressed interest in taking over state-owned Daewoo Shipbuilding and Marine Engineering

Polaris Shipping to exit supramax sector

Merchant Navy
South Korea’s Polaris Shipping has put its only two supramaxes up for sale as a slew of much larger size newbuild vessels start to deliver into its fleet.

Hyundai to push on with new low-cost deepwater FLNG hull

Naval Engineering
Hyundai Heavy Industries’ new hull design for a low-cost, next-generation deepwater floating LNG vessel has the green light
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