HD Korea Shipbuilding cancels 416.9 bln-won deal for 2 liners

HD Korea Shipbuilding & Offshore Engineering Co. said Tuesday it has canceled a 416.9 billion-won ($313 million) order to build two passenger ships for a New Zealand state ferry operator. The

EU set to veto merger of S. Korean shipbuilders: sources

Korea Shipbuilding & Offshore Engineering Co. (KSOE). KSOE is Hyundai Heavy Industries Group's subholding company and has three affiliates -- Hyundai Heavy Industries, Hyundai Mipo Dockyard Co. and

Korea Shipbuilding wins W850b order for offshore plant

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Tuesday that it has signed an 850 billion won ($762 million) deal to build an offshore plant. The deal is a part of a total 2.5 trillion won

S. Korea's M&A activity brisk this year despite virus

KB Financial Group Inc., a major South Korean banking group, which took over Prudential Life Insurance Co. of Korea Ltd. for about 2.3 trillion won. Korea Shipbuilding & Offshore Engineering Co., the

Korea to accelerate restructuring of shaky industries in 2017

South Korea will accelerate its corporate restructuring drive in shaky industries like shipbuilding and steelmaking in 2017 in a bid to gain a foothold for the future industrial revolution, the

Hyundai Heavy wins biggest container-vessel order in a year

Copenhagen-based company. The first two are due to be delivered by Daewoo Shipbuilding & Marine Engineering Co. next year. Worldwide, orders for vessels able to carry more than 8,000 containers account for 72

Daewoo Shipbuilding opens Angola offshore oil plant

Daewoo Shipbuilding & Marine Engineering Co. opened the world’s largest floating production storage and offloading facility in Angola Tuesday, allowing offshore processing of hydrocarbons in the