Samsung Heavy Industries

  • News

Korea shipbuilding mega merger hits a snag

A much ballyhooed potential merger of Korean shipbuilding giants Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) has run into a snag. Unionized workers at both shipbuilders are determined to

Transocean to acquire Ocean Rig for $2.7 billion

SEPTEMBER 4, 2018 — Offshore drilling contractors Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. (NASDAQ: ORIG) report that they have entered into a definitive merger agreement under which Transocean will

  • News

MAN Diesel & Turbo to power 11 MSC mega-box ships

APRIL 17, 2018 — Eleven 23,000 TEU containerships ordered by Mediterranean Shipping Company (MSC) at two South Korean shipyards will each be equipped with a MAN B&W 11G95ME-C9.5 main engines. MAN Diesel