hyundai heavy industries news

Hyundai Heavy Wins Record Orders in Feb.

Mar 03, 2008

Hyundai Heavy Industries has set a new record in the global shipbuilding history by winning $5.7b in orders in February, the highest figure ever for a single month.

Containership Bremen Express Named

Mar 03, 2008

Hapag-Lloyd is naming the containership Bremen Express in Bremerhaven. The patron of the 335m long mega containership capable of carrying 8,749 standard containers is Hilde Herwig, wife of Thomas W.

SKorean Shipbuilders Lower on Steel Price Concerns

Feb 20, 2008

Shares of shipbuilders and automakers were lower in late morning trading as investors react belatedly to the possible increase in steel prices, reports indicated Hyundai

Hyundai Heavy Wins $652m Order

Feb 15, 2008

Hyundai Heavy Industries Co. has won a deal valued at $652m to build a drill ship. The deal from a Liberian shipping company calls on Hyundai to deliver the

Hyundai Wins $843m Order

Feb 04, 2008

Hyundai Heavy Industries Co., reportedly won a $843m deal to build six container ships, according to a report on www.kois.go.kr. According to the report, Hyundai will deliver the vessels by May 2011.

Hyundai Heavy Leads Shipyard Decline on Prices

Jan 29, 2008

Hyundai Heavy Industries Co., led a decline in South Korean shipyard stocks in Seoul trading on concern prices for new vessels may drop. Hyundai Heavy fell 5.

Carrier's Namesake Tests Catapult

Jan 28, 2008

Former President George H.W. Bush, prepares to signal the launch of two "dead loads" off the flight deck of the Precommissioning Unit (PCU) George H. W. Bush's (CVN 77).

Hyundai Heavy Plans to Deliver More Ships in 2008

Jan 28, 2008

According to reports, Hyundai Heavy Industries Co., plans to deliver 25 percent more vessels this year as it increases production to work through almost four years worth of orders.

Report: HHI Leads Drop in Shipbuilding Stocks

Jan 17, 2008

According to reports, Hyundai Heavy Industries Co., led declines among shipyard stocks on concern of fewer orders for vessels this year after bulk rates fell the most since June 1989.

Danaos to Acquire Three Containerships

Jan 14, 2008

Danaos Corporation has signed contracts to acquire three 1998 built, 2,200 TEU containerships. These vessels, the Hyundai Progress, the Hyundai Bridge, and

Cosco Container Ship Delivered

Jan 10, 2008

On January 1, M.V. Cosco Europe, the second 10,000-TEU-Class container ship of Cosco, was delivered at Hyundai Heavy Industries shipyard. The ship left the

CSSC Profits Boom

Jan 09, 2008

China State Shipbuilding Corp (CSSC) profits almost tripled last year as it boosted output and improved production efficiency, according to chinadaily.com. Net income surpassed $1.

Korea's Shipbuilding Industry Update

Jan 09, 2008

According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding

Hyundai Heavy Order Prediction for 2008

Jan 07, 2008

Hyundai Heavy Industries Co. is targeting more than $26 billion in orders this year thanks to strong demand for maritime equipment, according to YonHap News. The target,

Hyundai Heavy Aims for $27b orders in 2008

Dec 31, 2007

Hyundai Heavy Industries Co. said it was aiming to win $27.4b worth of orders in 2008 from an estimated $26.9 billion in 2007, the South Korean firm said on Monday.

Korean Shipbuilders Expect Sales to top $30b in '08

Dec 19, 2007

Korean shipbuilders are expected to post record overseas sales in 2008 on the back of continued high demand for ships, industry sources said Tuesday. According to the sources,

More Than 500 Wärtsilä RT-Flex Common-Rail Engines Sold

Nov 27, 2007

Orders for Wärtsilä RT-flex electronically-controlled common-rail marine engines have passed the 500-engine mark since the RT-flex common rail system was introduced in 1998.

HHIG to Post Record Sales

Nov 21, 2007

HHIG to Post Record Sales Hyundai Heavy Industries Group (HHIG), which consists of Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries

Hyundai Heavy Shares Climb

Nov 12, 2007

Hyundai Heavy Industries Co., whose stock more than quadrupled this year, rose to a record in Seoul trading after analysts raised their share-price targets by

Hapag-Lloyd Names New Mega Containership

Nov 07, 2007

The Hanover Express, which is capable of carrying 8,750 containers, is one of the world’s largest containerships. The newbuilding was recently named in Hamburg.

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