Hyundai Heavy Aims for $6.6B in Sales

Monday, January 23, 2006
Hyundai Heavy Industries Co. said it is targeting shipbuilding sales of $6.6 billion this year, up 23 percent from 2005. The shipbuilder plans to continue focusing on technological development of high value-added vessels such as membrane liquid natural gas carriers and super-sized liquefied petroleum gas tankers. The world’s largest shipbuilder said its non-shipbuilding sales from six other business divisions are expected to reach $6.3 billion. The company plans to reach the world’s largest annual shipbuilding capacity of 1.5 million metric tons through efficient operation of production facilities in Pohang, which began running last year, and a new block-building factory currently under construction in Ulsan. (Source: www.koreaherald.com)
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

There’s Still Time for SHIPPINGInsight Award Entries

Entry submissions for the first SHIPPINGInsight Award are due Friday, Aug. 1, but organizers said they will continue to accept nominations through following week to provide some extra time.

Rio Tinto Pulls Plug on Mozambique Coal Venture

Rio Tinto has agreed to sell coal assets it bought through a $4 billion acquisition of Riversdale in 2011 for just $50 million to an Indian joint venture, ending

MOL Ship Management Earns Energy/Enviromental Certifications

First company to receive ISO50001 certification from Nihon Kaiji Kyokai.   MOL Ship Management Co., Ltd. (MOLSHIP), a core ship management company in the corporate group headed by Mitsui O.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1107 sec (9 req/sec)