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March 21, 2016

DSME to cut 12,000 Jobs

South Korea’s Daewoo Shipbuilding & Marine Engineering will cut 12,000 jobs from its workforce by 2019 as it tries to...

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March 21, 2016

SHI close to winning 1.6 billion LNG ship order from GAIL

Samsung Heavy Industries Co. is close to winning a $1.6 billion liquefied natural gas (LNG) carrier order in India as...

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March 14, 2016

Korean shipyards’ order backlog hits 12-year low in March

SEOUL, April 6 (Yonhap) -- The order backlog held by South Korean shipbuilders has dropped to the lowest level in...

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