Hyundai Heavy seeks regulatory approval for DSME takeover

  South Korean shipbuilding group Hyundai Heavy Industries (HHI) has commenced the process to obtain regulatory…

Saudi Aramco, Hyundai Heavy sign joint venture agreement

Saudi Aramco and its affiliates have signed multiple agreements with major South Korean companies, including Hyundai…

Hyundai Heavy workers continue strike over merger plan

Unionized workers at Hyundai Heavy Industries Co. continued their strike on Tuesday, putting pressure on the…

Korean metal workers oppose DDSME, Hyundai Heavy merger

The Korean Metal Workers’ Union and union members from Daewoo Shipbuilding and Marine Engineering Co. (DSME)…

Hyundai Heavy takes over rival Daewoo in $2bn share deal

Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth 2.1…

Hyundai Heavy to buy stake in rival DSME

South Korea’s Hyundai Heavy Industries Group, the world’s biggest shipbuilder, is interested in buying a stake…

Hyundai Heavy, Daewoo Shipbuilding bag orders for 2 oil tankers each

Hyundai Heavy Industries (HHI) and its compatriot, Daewoo Shipbuilding & Marine Engineering (DSME) have each bagged…

Hyundai Heavy reports deeper loss

By Jite Eriabie   South Koran shipbuilder Hyundai Heavy Industries (HHI) ended the fourth quarter of 2017…

Hyundai Heavy introduces paid leave scheme to cope with work shortage

By Jite Eriabie  South Korean shipbuilder Hyundai Heavy Industries (HHI) has agreed with its workers to…

Hyundai Heavy wants 5,000 workers to take ‘voluntary’ unpaid leave  

Due to insufficient workload, South Korean shipbuilder Hyundai Heavy Industries (HHI) has been faced with over…

Hyundai Heavy wins $600m shipbuilding deal

Hyundai Heavy Industries (HHI) has clinched a shipbuilding deal worth up to 673.1 billion won ($600…

Hyundai Heavy earns less amid shipbuilding woes

Shipbuilding woes continued to put a significant amount of pressure on South Korea’a Hyundai Heavy Industries…