The contract covers the engineering, procurement, construction and installation of a floating production, storage and offloading unit for the Kutei North Hub Field Development Facility
DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships - the result of a joint research project between KSOE and SK Shipping.
Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering