KSOE wins $609 million worth of deals for seven newbuilds

South Korean shipbuilding heavyweight Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for a total of seven ships worth KRW 691 billion ($609 million). The announced deals will see Hyundai Samho Heavy Industries, KSOE’s shipbuilding arm, build three very large … Read More

Korean shipbuilders reveal new round of boxship orders

Although many shipyards around the globe have been facing order stagnation caused by COVID-19 crisis, the situation seems to be different for South Korean shipbuilders that just secured another round of containership orders. On 9 March 2021, Samsung Heavy Industries … Read More

KSOE wins AiP for wing-sail propulsion system

DNV GL has awarded an Approval in Principle (AIP) to Korea Shipbuilding and Offshore Engineering (KSOE) for a wing-sail auxiliary propulsion system for ships.  The wind-powered auxiliary propulsion system is the result of a joint research project from KSOE, the … Read More

Korea Shipbuilding to build platform off Myanmar

Korea Shipbuilding & Offshore Engineering has scored a $450 million deal from Posco International to build a gas compression platform offshore Myanmar. According to an emailed statement published in an article by the Yonhap News Agency, the construction of the … Read More