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Hyundai News

Hyundai Heavy IPO Is Coming In HotHyundai Heavy IPO Is Coming In HotSouth Korean shipyards and shipowners will raise billions of dollars via new stock market listings later this year. The yards hope to capitalize on the start of a shipping “super-cycle” and a red hot stock market.16 June 2021 Wednesday 13:20
Samsung Heavy partners with the Korea Atomic Energy Research Institute to develop nuclear-powered shipsSamsung Heavy partners with the Korea Atomic Energy Research Institute to develop nuclear-powered shipsSamsung Heavy Industries said Wednesday it will partner with the Korea Atomic Energy Research Institute (KAERI) to develop molten salt reactors to power ships as well as market offshore power plants.09 June 2021 Wednesday 10:53
DSME scores Hyundai LNG carrier dealDSME scores Hyundai LNG carrier dealSouth Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) has won a 217 bln won ($195.6 million) order for the construction of a large LNG carrier from Hyundai LNG Shipping.31 May 2021 Monday 13:27
Grimaldi inks $500 million RoRo order with Hyundai MipoGrimaldi inks $500 million RoRo order with Hyundai MipoThe Grimaldi Group has signed an agreement worth over $500 million with Ulsan-based Hyundai Mipo Dockyard for the construction of six new Ro/Ro multipurpose vessels.24 February 2021 Wednesday 12:20
Sizeable chunk of the global VLCC orderbook removedSizeable chunk of the global VLCC orderbook removedRemoving 10 VLCCs from the global orderbook is significant. Prior to Hyundai Heavy’s news yesterday, Alphatanker data showed there were just 86 VLCCs on order around the world.05 February 2021 Friday 12:00
Hyundai Mipo terminates car carrier newbuilding contractHyundai Mipo terminates car carrier newbuilding contractSouth Korean shipbuilder Hyundai Mipo Dockyard has announced the termination of a newbuilding contract for the construction of four pure car truck carriers (PCTC).19 November 2020 Thursday 10:19
Cido in for VLCC brace at Hyundai HeavyCido in for VLCC brace at Hyundai HeavyMultiple broking reports carry news that Hong Kong-based Korean owner Cido Shipping has placed its first newbuild orders since 2015.04 November 2020 Wednesday 10:35
Hyundai Mipo debuts 20,000 cu m liquefied hydrogen carrier designHyundai Mipo debuts 20,000 cu m liquefied hydrogen carrier designClass society Korean Register has approved Hyundai Mipo Dockyard’s design plans for a 20,000 cu m liquefied hydrogen carrier with the yard now determined to step up commercialisation plans of the new ship type.22 October 2020 Thursday 14:25
DSME debuts 23,000 teu ammonia-powered ship designDSME debuts 23,000 teu ammonia-powered ship designDSME has been working on the project with engine maker MAN Energy Solutions.06 October 2020 Tuesday 17:00
2nd eco-friendly bulker newbuild joins Bahri's fleet2nd eco-friendly bulker newbuild joins Bahri's fleetSaudi Arabian transportation company Bahri has taken delivery of its new dry-bulk carrier Alanood, making it the second newbuild vessel to join the company’s market-leading fleet this year.07 September 2020 Monday 12:00
Hyundai Mipo secures orders for petrochemical carrier quartetHyundai Mipo secures orders for petrochemical carrier quartetShipbuilder Hyundai Mipo Dockyard (HMD), part of Korea Shipbuilding & Offshore Engineering Co., has received orders for the construction of four petrochemical carriers.22 July 2020 Wednesday 17:25
Hyundai Heavy Industries Consolidates and Streamline Operations by 20%Hyundai Heavy Industries Consolidates and Streamline Operations by 20%Responding to the challenges in the shipbuilding industry, Hyundai Heavy Industries announced that it will be slimming down its organization by 20 percent, consolidating business units and departments to overcome the current market conditions.24 June 2020 Wednesday 11:10
HHI secures $388 million green loanHHI secures $388 million green loanSouth Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.02 June 2020 Tuesday 16:05
EU Commission Stops the Clock on HHIH-DSME Merger ProbeEU Commission Stops the Clock on HHIH-DSME Merger ProbeThe European Commission has suspended the full-scale probe into the proposed acquisition of South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) by its compatriot Hyundai Heavy Industries Holdings (HHIH).02 April 2020 Thursday 15:04
South Korea’s HHI And DSME Shipyards Not Impacted By CoronavirusSouth Korea’s HHI And DSME Shipyards Not Impacted By CoronavirusSouth Korea might have been the country, after China, with the most reported cases of Coronavirus earlier this month, the two shipbuilding giants HHI and DSME appear to be unaffected.21 March 2020 Saturday 17:45
Hyundai Mipo Inks Deal to Build Chemical TankerHyundai Mipo Inks Deal to Build Chemical TankerHyundai Mipo Dockyard (HMD), part of South Korean shipbuilding group Hyundai Heavy Industries’ (HHI), has received an order for the construction of a chemical carrier.04 March 2020 Wednesday 11:05
KSS Line Returns to Hyundai for 5th LPG CarrierKSS Line Returns to Hyundai for 5th LPG CarrierSouth Korean shipping company KSS Line placed an order for the construction of a new class 84,000 cbm Very Large Gas Carrier (VLGC) at compatriot Hyundai Heavy Industries.24 February 2020 Monday 16:49
Thenamaris Lifts Option for 4th LPG Carrier at Hyundai MipoThenamaris Lifts Option for 4th LPG Carrier at Hyundai MipoAthens-based ship manager Thenamaris has declared an option for the fourth in a series of 38,000 cbm LPG carriers at the Korean shipyard Hyundai Mipo Dockyard.18 February 2020 Tuesday 10:07
probunkers, Hyundai Mipo Sign LOI for LNG Bunker Vessel Pairprobunkers, Hyundai Mipo Sign LOI for LNG Bunker Vessel PairPiraeus-based company probunkers has inked a letter of intent (LOI) with South Korea’s Hyundai Mipo Dockyard (HMD) for the construction of two firm 7,600 cbm LNG bunker vessels.21 January 2020 Tuesday 14:28
HMM’s 24,000 TEU Mega Ships to Start Delivery in AprilHMM’s 24,000 TEU Mega Ships to Start Delivery in AprilKorean shipping company Hyundai Merchant Marine (HMM) is set to join the elite club of megaship owners in a few months.15 January 2020 Wednesday 10:03
Hyundai Merchant Marine outlines 2020 plansHyundai Merchant Marine outlines 2020 plansDespite a “sluggish market” in 2019 South Korean container line Hyundai Merchant Marine (HMM) said it has laid a ‘solid foundation’ to improve mid-to-long term portability in the last 12 months.03 January 2020 Friday 16:19
Hyundai Samho Gets USD 280 Mn Orders for Two ShipsHyundai Samho Gets USD 280 Mn Orders for Two ShipsHyundai Samho Heavy Industries, part of South Korea’s Hyundai Heavy Industries (HHI) Group, has received two new orders that have a combined worth of KRW 323.7 billion (USD 280.2 million).31 December 2019 Tuesday 12:24
Hyundai Heavy Industries Group Clinches Deals for Six New ShipsHyundai Heavy Industries Group Clinches Deals for Six New ShipsHyundai Heavy Industries (HHI) Group, the biggest shipbuilder in South Korea, has secured two new orders for a total of six vessels.26 December 2019 Thursday 12:03
HHI Group Receives USD 1.13 Bn Orders for Six LNG CarriersHHI Group Receives USD 1.13 Bn Orders for Six LNG CarriersSouth Korean shipbuilder Hyundai Heavy Industries (HHI) Group has secured new orders worth KRW 1.32 trillion (USD 1.13 billion) for the construction of six liquefied natural gas (LNG) carriers.19 December 2019 Thursday 12:07
Hyundai Heavy Sells USD 1.2 Bn Stake in Hyundai Oilbank to Saudi AramcoHyundai Heavy Sells USD 1.2 Bn Stake in Hyundai Oilbank to Saudi AramcoSouth Korean Hyundai Heavy Industries (HHI) Group has completed the sale of a 17% stake in oil refiner Hyundai Oilbank to Saudi Arabia’s state-owned oil giant Saudi Aramco.18 December 2019 Wednesday 14:47
EU Officially Launches In-Depth Investigation into HHI’s DSME DealEU Officially Launches In-Depth Investigation into HHI’s DSME DealThe European Commission has opened an in-depth investigation to assess the proposed acquisition of South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering by another shipbuilding group, Hyundai Heavy Industries .18 December 2019 Wednesday 14:35
Hyundai Mipo Boosts Orderbook with Three More ShipsHyundai Mipo Boosts Orderbook with Three More ShipsSouth Korean shipbuilder Hyundai Mipo Dockyard, part of the Hyundai Heavy Industries (HHI) Group, has secured contracts for the construction of three new ships.09 December 2019 Monday 16:34
KR, HLS Team Up on Ship Cyber Security ResearchKR, HLS Team Up on Ship Cyber Security ResearchClassification society Korean Register(KR)and LNG carrier owner and operator Hyundai LNG Shipping(HLS)have signed a memorandum of understanding (MOU)to conduct joint research on the application,verification and development of guidance for maritime cyber03 December 2019 Tuesday 15:20
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