Samsung Heavy Industries Co.

Korean “Big Three” Likely To Log Quarterly Profit

Credits: Jean van der Meulen/Pexels

South Korea’s three major shipbuilders are all poised to log quarterly surpluses for the July-September period and stay in the black for years, thanks to rises in newbuild ship prices, reports KED.

It will be the first time that the “Big Three” companies, HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hanwha Ocean Co. and Samsung Heavy Industries Co., post their quarterly profits at the same time in 11 years.

Hanwha Ocean, which was renamed from Daewoo...

https://mfame.guru/korean-big-three-likely-to-log-quarterly-profit/

SHI And KM Sign JDA To Develop Autonomous 174K LNG Carrier

Credit: Nilantha Ilangamuwa/Unsplash

SHI(Samsung Heavy Industries Co., Ltd), a leading provider of the low carbon emission ship in the world and one of the best solution provider for autonomous ship design in Korea, says an article published on marketscreener.

Dynamic positioning and digitalization

KM(Kongsberg Maritime) is a global marine technology company providing innovative and reliable technology solutions for all marine industry sectors; automation, safety, manoeuvring, navigation, dynamic...

https://mfame.guru/shi-and-km-sign-jda-to-develop-autonomous-174k-lng-carrier/

Samsung Heavy Extends Winning Streak To Book on LNG Power

South Korea’s Samsung Heavy Industries Co. extends winning streak in the order book on LNG power, landing near $1 billion deals on vessels running low-carbon gas fuel, says an article published in pulse news.

About The Plan

Samsung Heavy Industries said in a disclosure on Thursday that it received a 458.7 billion won ($414 million) order from an unnamed shipping company based on Oceania to build four units of very large crude carriers (VLCC) powered by LNG. The Korean shipbuilder plans to deliver...

https://mfame.guru/samsung-heavy-extends-winning-streak-to-book-on-lng-power/

Samsung Heavy builds world’s largest container ship

Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Monday, July 8, it has successfully built the world’s largest container vessel.

Samsung Heavy said one of the six 23,000 twenty-foot equivalent unit (TEU)-class container ships ordered by Swiss shipper Mediterranean Shipping Company (MSC) S.A. in September 2017, left its shipyard in Geoje, 400 kilometers southeast of Seoul, on Saturday.

Named “MSC Gulsun,” the vessel is 400 meters long, 61.5 meters wide and 33.2 meters high,...

https://container-news.com/samsung-heavy-builds-world-largest-container-ship/