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hyundai-heavy

Korean metal workers oppose DDSME, Hyundai Heavy merger

The Korean Metal Workers’ Union and union members from Daewoo Shipbuilding and Marine Engineering Co. (DSME) submitted a petition to the Fair Trade Commission on...

Ocean Infinity bags Korean contract to locate Stellar Daisy wreck

Ocean Infinity bags Korean contract to locate Stellar Daisy wreck

Ocean Infinity has been contracted by the Korean government to search for the wreck of the VLOC Stellar Daisy that sank on 31 March 2017 with the loss of 22 lives. The...

Carrier group heads for Korean waters as Trump calls leaders

Carrier group heads for Korean waters as Trump calls leaders

South Korea said on Monday it was in talks about holding joint drills with a U.S. aircraft carrier strike group, as U.S. President Donald Trump called the leaders of...

Korean top three yards to cut more than 6,000 jobs this year

South Korea’s top three shipbuilders are expected to cut more than 6,000 jobs this year as part of their self-rescue plans amid mounting debts and weakened...