South Korea’s HMM and Samsung Heavy Industries (SHI) have penned a memorandum of understanding (MOU) to develop smart ship technology.

Samsung Heavy Industries (SHI) looks set to receive approximately $320m in claims from Pacific Drilling over a cancelled drillship order, following an arbitration decision in favour of the South Korean shipbuilder.

Samsung Heavy Industries (SHI) has agreed to pay a global penalty of more than $75m to resolve the US government’s investigation into the shipbuilder’s bribery case in Brazil.

Transocean has walked away from two ultra deepwater drillships under construction at Samsung Heavy Industries (SHI) as Transocean seeks to save on a potential $1.1bn in future costs.

Russia’s LC Shipbuilding Complex Zvezda and Samsung Heavy Industries have signed an agreement to form a joint venture (jv) by the end of the year.

The Korean Register (KR) has announced that two Korean Ballast Water Management System (BWMS) makers, Samsung Heavy Industries and Techcross have successfully achieved USCG (United States Coast Guard) type approval for their systems.

Putting innovation alongside security, Samsung Heavy Industries’ (SHI) Smart Ship Solution has won recognition with a Certificate of CyberSafety Compliance from ABS for demonstrating adherence to the ABS Guide for Cybersecurity Implementation for...