J Ocean Heavy Industries has signed an LOI to build four 114,000-ton tankers for Oceania shipowners while progressing with the acquisition of Gunsan Shipyard.
HD Hyundai Heavy Industries has agreed to sell its Gunsan shipyard to J Ocean Heavy Industries for KRW 780 billion as part of its non-core asset disposal plan.
Korea’s Big Three shipbuilders are forecast to post a combined 14.5% operating margin in Q2 as LNG carriers, FLNG projects and higher-value orders lift profitability.
HD Hyundai Heavy Industries and Malcom have agreed to jointly develop an eco-friendly Korean-type SOV and pursue AiP certification to support the growing offshore wind sector.
HD Hyundai Heavy Industries hosted a Tamil Nadu government delegation at its Ulsan shipyard as the company advances plans for a new shipyard project in India.
HD Hyundai Heavy Industries and BAR Technologies have signed a three-year MOU to integrate WindWings wind propulsion systems into newbuild vessel designs.
HD Hyundai Heavy Industries is expanding cooperation with Canadian shipyards as it seeks to win the Canadian Patrol Submarine Project with Hanwha Ocean.
BW LPG has ordered eight 90,000 cu m panamax VLGCs from HD Hyundai Heavy Industries in a $940 million fleet renewal move.
Gaz-System says Poland’s first FSRU vessel has launched at HD Hyundai Heavy Industries and will arrive in the Gulf of Gdańsk by late 2027.
