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Hyundai Heavy merges shipbuilding, offshore divisions to survive crisis

Hyundai Heavy merges shipbuilding, offshore divisions to survive crisis

  Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back...

Hyundai Heavy merges shipbuilding, offshore divisions to survive crisis

Hyundai Heavy merges shipbuilding, offshore divisions to survive crisis

  Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back...

China shipbuilding figures shrink in first 11 months

Chinese shipbuilding output declined 20% in Jan-May

  Amid the continued depressed international shipping market, the drop in demand for newbuildings has resulted in the decline of the three major shipbuilding...

3 major shipbuilders accused of not duly paying subcontractors

Again, Japan drags South Korea to WTO over shipbuilding 

  Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding industry, intensifying a wider dispute...

China shipbuilding boasts $4.2bn deals galore

China shipbuilding boasts $4.2bn deals galore

The world’s largest shipbuilder China Shipbuilding Corp has been on a roll over the past week bringing its orderbook to over USD 4.2 billion. The ordering spree has...

South Korea returns to top spot in shipbuilding orders

South Korea returns to top spot in shipbuilding orders

  South Korea recaptured the top spot in global shipbuilding orders last month, industry data showed, on the back of its dominance in the liquefied natural gas...

Corruption: China jails Cosco Shipbuilding GM for 12 years

Former general manager of China Shipbuilding Industry Corporation, Sun Bo, has been sentenced to 12 years in prison on Thursday for taking bribes and abusing power,...

China’s two biggest shipbuilders plan merger

China sacks senior shipbuilding official over graft

The General Manager, China Shipbuilding Industry Corp (CSIC), Sun Bo, has been fired by China’s anti-graft agency after an investigation found he had accepted bribes...

ship building and repair yards

Marine engineers lament neglect of shipbuilding, repair industry

Chairman, Nigerian Institution of Marine Engineers and Naval Architecture (NIMENA), Engr. Henry Unuigbe, has expressed regrets over the state of affairs in the...

South-Korean-shipyards

Korean shipyards maintain top position in global shipbuilding orders

South Korean shipyards maintained lead in the global order book for the fifth consecutive month in September with order backlog reaching over 20 million compensated...

South Korea’s shipbuilding industry sacks 35,400 in six months 

South Korea’s shipbuilding industry sacks 35,400 in six months 

By Jite Eriabie  The South Korean shipbuilding sector and related businesses have slashed workforces by about one-fifth in the first half compared to the end of last...

Former China Shipbuilding top officer faces corruption charges 

By Jite Eriabie A former head of discipline inspection group at China Shipbuilding Industry Corp (CSIC) will be charged with corruption following an investigation that...