Samsung Heavy Industries (SHI) has completed the construction of the world’s largest containership at 23,000-teu for Mediterranean Shipping Company (MSC).

Zhejiang Satellite Petrochemical ordered six VLECs at Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).

South Korea’s Samsung Heavy Industries (SHI) has clinched an order to build four LNG carriers for a US-based shipowner.

GasLog has ordered two LNG carriers from Samsung Heavy Industries (SHI) on the back of seven-year charters to Cheniere Energy.

The appetite for newbuildings is evident as we move into 2018, with Greek owners continuing to building on an impressive $4.7bn investment in projects in 2017.

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 year, according to data from Korea Offshore & Shipbuilding Association cited by Yonhap.

Samsung Heavy Industries (SHI) has snagged six of the 11 megamax containership order by MSC.

South Korea’s Hyundai Heavy Industries (HHI) has reported a big jump in profit for the first half ended 30 June 2017, aided by a restructuring process involving the spinning off of the shipbuilder’s non-core business units.

Teekay Offshore, a unit of Teekay Corp, has entered into conditional shipbuilding contracts with Samsung Heavy Industries (SHI) to construct two new LNG-powered shuttle tankers.

Ailing South Korean shipbuilders going through a rough patch of debt restructuring are slowly getting back on their feet, as they recorded a rise in new orders in the first half of the year and are expecting more new contracts for the second half, reports said.

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