An LNG carrier built by Hyundai Mipo Dockyard South Korean shipbuilders’ shares stood high in the subdued local stock market as strong order books stoked predictions of earnings improvement and supercycle hopes emerging given the expected replacement of aging vessels.Hyundai Heavy Industr
An LNG carrier built by Samsung Heavy Industries Samsung Heavy Industries Co., one of South Korea's Big Three shipbuilders, was once on the list of assets its parent Samsung Group wanted to sell to Hanwha Group in a package deal back in 2014.But the shipbuilder was excluded from the so-called b
An LNG carrier built by Samsung Heavy Industries The escalating conflict between Russia and Ukraine is posing both a risk and an opportunity for South Korea’s three largest shipbuilders, which have a combined $8.05 billion worth of orders from Russia.The Korean trio’s orders secured
An LNG carrier built by Samsung Heavy Industries South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, amid signs of a global economic recovery from the pandemic.The 2022 outlook for the Big Three – Ko
(Courtesy of Qatar Energy) South Korea’s major shipbuilders Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. won orders for six liquefied natural gas (LNG) carriers from Qatar.Qatar Energy, formerly Qatar Petroleum, said on Nov. 7 that it has placed the fi
A drillship built by Samsung Heavy Industries South Korea’s Samsung Heavy Industries Co. has signed a contract to lease a newbuild drillship to Italian oilfield services company Saipem S.p.A. for nearly two years.The ship, named Samsung Santorini, will be delivered in November 2021 for us