Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Company (HLS, the Company), South Korean owner of 10 LNG Carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600cbm Very Large Gas Carrier(VLGC). The vessel will …
Apr 19, 2019 /  Vessels
Hyundai Heavy Industries wins W700 billion deal for 5 LNG carriers

Hyundai Heavy Industries wins W700 billion deal for 5 LNG carriers

Hyundai Heavy Industries said Sunday it has clinched a deal to build a 174,000-cubic-meter liquefied natural gas (LNG) carrier, reflecting strong demand for LNG carriers amid growing environmental concerns. The company …
Apr 15, 2019 /  Vessels
Okeanis Eco Tankers Corp: Option to acquire two Suezmax newbuildings

Okeanis Eco Tankers Corp: Option to acquire two Suezmax newbuildings

Okeanis Eco Tankers Corp. has been granted an option by the Company’s Chairman (the Sponsor) to acquire two Suezmax newbuilding vessels to be constructed at Hyundai Heavy Industries delivering in Q3 …
Apr 8, 2019 /  Curious
HHI Group Signs Definitive Agreement to Acquire DSME

HHI Group Signs Definitive Agreement to Acquire DSME

Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed on Friday a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering (DSME), in the presence of Kwon Oh-gap, Vice Chairman …
Mar 8, 2019 /  Curious
Spotted: Xin Guang Hua safely loads section of the Maersk Honam

Spotted: Xin Guang Hua safely loads section of the Maersk Honam

The sound section of the Maersk Honam was successfully loaded aboard the heavy-lift vessel Xin Guang Hua on open waters outside Dubai (UAE) on Saturday, 2 February. Xin Guang Hua will delivery the 228.5m long section …
Feb 27, 2019 /  Vessels
Hyundai Heavy wins US$286mln order for the construction of three very large oil carriers

Hyundai Heavy wins US$286mln order for the construction of three very large oil carriers

Hyundai Heavy Industries Co., the world's top shipbuilder by sales, said Wednesday that it has clinched a 320 billion won (US$286 million) deal to build three very large crude carriers (VLCCs). Caption: A very large …
Jan 30, 2019 /  Curious
Hyundai Heavy Industries signs up TMC for Roncador tankers

Hyundai Heavy Industries signs up TMC for Roncador tankers

TMC Compressors of the Seas (TMC) has signed a contract to supply complete marine compressed air systems for two shuttle tankers that Hyundai Heavy Industries (HHI) is building for Norwegian tank operator Knutsen NYK …
Jan 22, 2019 /  Curious
Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

Daewoo Shipbuilding, Hyundai Heavy win string of crude carrier orders

South Korea’s major shipbuilders have started the year on a buoyant note, winning new orders at a strong clip. Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Friday it has bagged a 210 billion won …
Jan 18, 2019 /  Curious
Fire-hit Maersk Honam to be shipped to Hyundai Heavy for rebuilding

Fire-hit Maersk Honam to be shipped to Hyundai Heavy for rebuilding

International sources say the ship has been cut in two at the Drydock World Dubai (UAE). The heavy-lift vessel Xin Guang Hua will transport the 228.5-meter-long sound section, from midship to stern, to South Korean …
Jan 15, 2019 /  Vessels
Hyundai Heavy seeks to win US$15.9 bln worth of deals in 2019

Hyundai Heavy seeks to win US$15.9 bln worth of deals in 2019

South Korea's Hyundai Heavy Industries Group said Thursday its three arms are seeking to secure combined deals worth US$15.9 billion this year in the shipbuilding segment. The combined target of Hyundai Heavy Industries …
Jan 4, 2019 /  Finance