MAN and Samsung ink strategic digitalization agreement

MAN Energy Solutions and Samsung Heavy Industries Co., Ltd. have signed a strategic cooperation agreement for the digitalization of marine engines. Together they want to define a framework for a long term

Samsung Heavy gets DNV GL type approval for lithium-ion battery system

Shipbuilder Samsung Heavy Industries (SHI) reports that it has received a type approval certificate from DNV-GL for a marine lithium ion battery system, jointly developed with sister company Samsung SDI. This is

VIDEO: SHI delivers world’s largest containership

South Korea’s Samsung Heavy Industries (SHI) says that it has successfully completed construction of the world’s largest containership three weeks ahead of the contracted delivery date. The ship, the MSC Gulsun, is

LNG-fueled shuttle tankers will have Hydroniq engine cooling systems

Ellingsøy, Norway, based Hydroniq Coolers has won contracts from South Korean shipbuilder Samsung Heavy Industries Co. Ltd. to deliver the cooling systems for the engines of six LNG-fueled shuttle tankers the shipbuilder

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

Korean shipyards end year with more LNG carrier orders

DECEMBER 27, 2018 — Korean shipbuilders ended the year by continuing to reel in orders for LNG carriers. In a regulatory filing on Monday, Samsung Heavy Industries Co., said it had won

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

Samsung Heavy opts for Amazon as its preferred cloud provider

AUGUST 13, 2018 – Amazon Web Services, Inc. (AWS), says that shipbuilder Samsung Heavy Industries has selected it as its preferred cloud provider to support its digital transformation. Samsung Heavy Industries’ next-generation

Red ink second quarter for two Korean shipbuilding giants

JULY 24, 2017 — South Korean shipbuilders Hyundai Heavy Industries and Samsung Heavy Industries both reported second quarter losses Monday. Yonhap news agency reported Hyundai Heavy, the world’s largest shipbuilder by sales

Hyundai Merchant Marine picks three yards to build 20 mega ships

JUNE 4, 2018 — South Korea’s Hyundai Merchant Marine (HMM) has selected the shipbuilders who will build the eco-friendly mega containerships it is to order under its “Capacity of 1 Million TEU