Tag: samsung heavy industries

samsung heavy industries

Latest News

Korea-U.S. Shipbuilding Partnership Center opens as Korean firms step up joint projects

HD Hyundai, Hanwha Ocean and Samsung Heavy Industries signed new deals for design, technology and work force development as Washington moves to revive U.S. shipbuilding.

2026.7.24

Samsung Heavy inks deal with U.S. company on FSMR development

Samsung Heavy Industries signed an MOU with U.S. engineering firm Sargent & Lundy to develop a standardized floating small modular reactor platform for multiple reactor types.

2026.7.22

Most popular

Shipbuilders race to build floating data centers as AI demand surges

As AI fuels a boom in data center demand, Korean shipbuilders are teaming with global partners to develop offshore data facilities that could ease land, power and cooling constraints.

2026.7.9

A liquefied natural gas carrier built by Samsung Heavy Industries [SAMSUNG HEAVY INDUSTRIES]

Samsung Heavy wins over 1 trillion won worth of orders from Bermuda-based company

Samsung Heavy Industries secured orders worth over 1 trillion won ($668 million) for five vessels from a Bermuda-based shipping company, the Korean shipbuilder said Wednesday.

2026.5.27

Boats and bots

President Lee Jae Myung, far left, attends a presentation about a ship welding robot at Samsung Heavy Industries' exhibition booth following a conference on the future vision of Korean shipbuilding held at a hotel in Ulsan on May 13.

2026.5.13

Samsung Heavy Industries Chief Operating Officer Lee Wang-keun, front row second from left, and officials from San Diego State University pose for a photo after opening a joint research center in San Diego on March 12. [SAMSUNG HEAVY INDUSTRIES]

Samsung Heavy Industries opens San Diego research center to support U.S.-Korea MASGA initiative

Samsung Heavy Industries said Friday it has established a research center in the United States to support a Seoul-Washington joint initiative aimed at revitalizing the U.S. shipbuilding industry through partnerships with Korean firms.

2026.3.13

Hanwha Ocean's shipyard is pictured on Nov. 27, 2025. [YONHAP]

Korea's renewed shipbuilding boom reignites grievances over subcontractor bonuses

As profits return to Korea’s shipyards after years of stagnation, so has an old fault line. A dispute over performance bonuses is exposing persistent inequalities between full-time workers and subcontracted labor that underpins much of the industry.

2026.1.26

Visitors look around advanced weapons systems at the opening ceremony of the Seoul International Aerospace and Defense Exhibition at Kintex in Goyang, Gyeonggi, on Oct. 20. [YONHAP]

Trump namedrops Korean shipbuilder for 'Golden Fleet' initiative

Korean shipbuilders and defense firms are preparing to join U.S. President Donald Trump’s so-called Golden Fleet battleship initiative, as bilateral shipbuilding cooperation — “Make American Shipbuilding Great Again” — begins to gain full momentum.

2025.12.23

Samsung Heavy Industries’ Geoje shipyard in South Gyeongsang [JOONGANG ILBO]

Worker dies after falling 70 feet at Samsung Heavy Industries' Geoje shipyard

A worker employed by a subcontractor died after falling during painting preparation work at Samsung Heavy Industries' Geoje shipyard in South Gyeongsang.

2025.12.23

Namgoong Geum-sung, head of production support at Samsung Heavy Industries, right, and Vipin Kumar Saxena, CEO of Swan Defence and Heavy Industries, left, pose for a photo after signing a memorandum of understanding (MOU) on Sept. 29. [SAMSUNG HEAVY INDUSTRIES]

Samsung Heavy Industries signs MOU with Indian shipmaker Swan Defence and Heavy Industries

Samsung Heavy Industries signed a memorandum of understanding (MOU) with Indian shipmaker Swan Defence and Heavy Industries, a shipyard located in Gujarat, western India, to cooperate in the shipbuilding and offshore sectors.

2025.9.29