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Tagged in South Korea
China Catching Up with South Korea in Russia's LNG Carrier Construction Project
South Korea and China are competing for ice-breaking LNG carrier building contracts in Russia. Although South Korea is superior in shipbuilding technology, China is trying to catch up based on private-public cooperation and its investment in Russia’s …
Aug 25, 2020 / Curious
Saudi Aramco signs 12 agreements with South Korean partners worth billions of dollars
Saudi Aramco and its affiliates signed 12 agreements with major South Korean companies to reinforce relationships with South Korea, expand international operations, and support the region’s energy security with the expansion of Arabian crude oil …
Jun 26, 2019 / Curious
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 Co., Hyundai Samho Heavy and …
Jan 4, 2019 / Finance
Forward Ships granted South Korean Patent
Forward Ships' innovative machinery arrangement receives its first official patent right from South Korea, a major shipbuilding nation.The Korean Intellectual Property Office Examiner decided to grant this patent application pursuant to Article 66 of …
Jan 3, 2019 / Curious
South Korean shipbuilders to benefit from LNG ship orders in 2019
South Korean shipbuilders are expected to continue to benefit from a growing number of liquefied natural gas (LNG) ship orders this year, people in the industry said Tuesday.In 2019, the world's overall LNG ship orders are likely to reach 69, rising …
Jan 2, 2019 / Curious