South Korean shipbuilders, including HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Samsung Heavy Industries (SHI ...

HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., South Korea's leading shipbuilders, have pledged to strengthen cooperation with the United States in naval shipbuilding and maintenance during a ...

Samsung Heavy plans to deliver the vessels to an unidentified Asian shipper by January 2028, the company said in a filing.

A US senator said Wednesday that South Korea and other allies can help revitalize America's shipbuilding industry with their ...

South Korean shipbuilders are racing to enter the U.S. Navy’s maintenance, repair and overhaul (MRO) and new shipbuilding ...

SEOUL, April 25 (Yonhap) -- South Korean stocks traded higher late Friday morning, led by gains of major tech firms and ...

Behind the gleaming hulls and towering cranes lies an uncomfortable truth: China needs to move beyond assembly lines ...

Samsung Heavy Industries (SHI) is one of the largest shipbuilding and engineering companies in the world. Founded in 1974 and headquartered in Geoje, South Korea, SHI is a subsidiary of the ...

Samsung Heavy Industries reported that its revenue for the first quarter was 2.49 trillion won, a 6.2% increase from the same ...

With fossil fuels still powering roughly 99% of global shipping, the sector is seeking to reduce emissions through cleaner fuel sources – including methanol, ammonia and wind – that could soon see ...

The total value of the deal is approximately $816 million, with unit prices ranging from $187–204 million for ships built by ...