heavy equipment

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

South Korean shipbuilder Samsung Heavy Industries has bagged a $1.5 billion order to build an offshore plant from an Asian shipper, the company reve...

Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...

Hyundai Heavy Industries Group said Wednesday that it has developed a paint product for petrochemical product (PC) carriers with significantly impro...

Samsung Heavy Industries, a major shipbuilder in South Korea, said on Tuesday that its boil-off gas recovery system (BReS) for LNG-powered vessels h...

Hyundai Motor Co. said on Sunday that it had signed an agreement to supply vehicles to Libya's disabled through the Social Solidarity Fund, an agenc...

LS Mtron, the heavy machinery and advanced parts-making unit of South Korea's LS Group, on Monday said it completed the LS Mtron Parts and Solution ...

Samsung Electronics Chairman Jay Y. Lee met with the Chairman of the Management Board of BMW Group Oliver Zipse on Saturday to discuss ways to deepe...

South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ships using blockchain t...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

South Korean private equity firm Curious Partners has recently completed selling an undelivered drillship constructed by Samsung Heavy Industries Co...

Hyundai Motor Co. on Thursday said it launched sales of its hydrogen-powered fuel cell truck Xcient Fuel Cell in South Korea.The model is the worl...

Samsung Heavy Industries said on Tuesday in a regulatory filing that it has sold a drillship to Saipem, an Italian offshore drilling company, for 29...

South Korea's Hyundai Heavy Industries Group has created the position of chief artificial intelligence (AI) officer (CAIO) to propel a major busines...

Hanwha Systems Co. on Friday said it held a ceremony the day before to mark its completion of a combat system training center for the Philippine Nav...

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...

South Korea’s largest auto parts maker Hyundai Mobis Co. said on Thursday it will spend 94.8 billion won ($69 million) to build an integrated ...

South Korean outdoor clothing retailer F&F Co. is expected to post 1.1 trillion won ($807 million) in sales revenue in China this year, emerging...

Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...

South Korea’s Hyundai Heavy Industries Group said on Friday it has signed a deal to invest $30 million in TerraPower, a US nuclear power ventu...

When Oaktree Capital Management Co-Founder and Co-Chairman Howard Marks appears on TV, he is often asked whether to embrace a risk-on or risk-off st...

South Korea’s top auto parts manufacturer Hyundai Mobis Co. has begun supplying key modules for Mercedes-Benz AG’s electric vehicles pro...

The Biden administration has decided to allow Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, to import ...

Hyundai Chemical Co. on Wednesday held an official ceremony of completion of South Korea’s first heavy-feed petrochemical complex (HPC), desig...

US chip toolmaker KLA Corp. will cease offering some supplies and services from Wednesday to China-based customers including SK Hynix Inc., the worl...

Malaysian government officials are scheduled to visit Korea Aerospace Industries Ltd. (KAI) next month for a light fighter jet contract, media repor...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), under Hyundai Heavy Industries Group, is forecast to have turned to the black for the firs...

Kolon Industries Inc. has expanded the capacity of its polyester tire cord fabric plant in Vietnam, the South Korean company said on Wednesday.The f...

Samsung Electronics Co., South Korea’s tech behemoth, agreed to supply 5G telecommunication equipment to US media giant Comcast Corp.Samsung s...