The partnership focuses on the local construction of advanced naval vessels tailored specifically to Indonesia’s unique geographic and operational demands.
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