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Russian forces have equipped Project 21980 Grachonok-class anti-sabotage boats with nets designed to counter Ukrainian drones. Serhii Sternenko, an adviser to Ukraine’s Minister of Defense, published photos on social media. These vessels are responsible for securing the waters...

Samsung Heavy 2018 net loss widens on fewer orders

South Korea’s major shipyard Samsung Heavy Industries Co. said that its net losses for 2018 grew 13.9 percent from a year

Samsung Heavy Strikes New LNG Carrier Order

South Korean shipbuilding giant Samsung Heavy Industries (SHI) said Thursday that it has clinched a new deal to build a liquefied natural gas (LNG) carrier.

Samsung Heavy wins US$185 mln LNG ship order from Oceania company

Samsung Heavy Industries Co. said Monday it has received a US$185 million order to build a liquefied natural gas carrier for a company in the Oceania region.

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