Search Results for: Hyundai Heavy Industries

Hyundai Heavy Hi-Fin promises significant fuel savings

MAY 7, 2015 — An energy saving propeller attachment developed by Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, promises to deliver significant fuel savings. Called Hi-FIN, the device is attached at

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Hyundai Heavy mega crane uses MacGregor VFD winches

APRIL 30, 2015 — Cargotec’s MacGregor subsidiary has delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one

Hyundai Heavy reports more red ink

FEBRUARY 12, 2015 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reported a whopping net loss of KRW 2.21 trillion ($2 billion) for its 2014 financial year, as against

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Hyundai Heavy merges after sales service units

JANUARY 19, 2015 — The world’s largest shipbuilder, Hyundai Heavy Industries (HHI), has launched the Hyundai Marine Service Center in Ulsan, South Korea, by merging the after sales service units of three

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Hyundai Heavy sets lower order target for 2015

JANUARY 5, 2015 — In a New Year message Hyundai Heavy Industries President and CEO Kwon Oh-gap told employees that the world’s  largest shipbuilder has set its order target at $22.95 billion

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Hyundai Heavy reports deal with union

DECEMBER 31, 2014 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reports that its management and labor union have concluded their negotiation on the wage and collective bargaining agreement

Red ink tide rises at Hyundai Heavy

OCTOBER 30, 3014 – The world’s largest shipbuilder, South Korea’s Hyundai Heavy Industries has reported a record quarterly operating loss of 1.93 trillion won ($1.83 billion). Though it expects to return to

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Heads roll at Hyundai Heavy

OCTOBER 16, 2014 — South Korea’s Hyundai Heavy Industries Co., the world’s largest shipbuilder, said today that it has cut back the number of executives, including those at Hyundai Mipo Dockyard Co.

Hyundai Heavy reports red ink quarter

JULY 30, 2014 — Hyundai Heavy Industries Co., the world’s largest shipbuilder, yesterday reported its worst ever quarterly net loss — 616.6 billion won (US$601.7 million) in the April-June period, compared with

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Hyundai Heavy launches its fifth frigate

NOVEMBER 14, 2014 — Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, yesterday held a launch ceremony at its Ulsan, South Korea, shipyard for its fifth frigate, ROKS Jeonbuk. The ceremony was