Hyundai Heavy Industries

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KNOT Offshore Partners adds to fleet

KNOT Offshore Partners LP (NYSE:KNOP) recently reported that its wholly owned subsidiary, KNOT Shuttle Tankers AS, has agreed to acquire KNOT Shuttle Tankers 34 AS, the company that owns the shuttle tanker,

Good day for South Korean shipbuilders

Two major South Koreans shipyards reported significant orders today, according to Yonhap news agency reports. Hyundai Heavy Industry Group disclosed that it has signed a $178 million contract to build two 300,000

ABS and Hyundai Heavy complete Smart-ship JDP

Marking completion of a landmark joint development project (JDP), classification society ABS has verified the smart functions of shipbuilder Hyundai Heavy Industries’ Integrated Smart-ship Solution, issuing the first Product Design Assessment (PDA)