Hyundai Heavy Industries Group Secures KRW 1 Trillion through Management Improvement Plan 2017.07.26
Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, announced today that it secured KRW (hereinafter ‘won’) 1 trillion to date this year as a part of the KRW 3.5 trillion Management Improvement Plan it has been implementing since June 2016 in an effort to rebuild trust in the market and improve its balance sheet.
Today HHI Group sold its 100% shares in Hotel Hyundai for 200 billion won to Hahn & Company, Korea's leading pri
Hyundai Heavy Industries Ushers in Era of 4th Industrial Revolution in Shipbuilding Industry with Integrated Smart Ship Solution 2017.07.19
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today it developed Integrated Smart Ship Solution (ISSS), its proprietary ICT technology capable of realizing economical and reliable navigation and management of ships. ISSS is the first of its kind in the global shipbuilding industry.
The solution standardizes ways of navigation varying depending on levels of skills and experiences of navigators, collects and analyzes real-time information on
Hyundai Heavy Industries, Saudi Aramco, and Dussur Sign MOU for Engine Manufacturing and Supply Collaboration in Saudi Arabia 2017.07.05
Hyundai Heavy Industries (HHI), Saudi Aramco and Dussur - the Saudi Arabian Industrial Investments Company - announced a Memorandum of Understanding (MOU) to jointly collaborate on engines and pumps business development in the Kingdom of Saudi Arabia.
The MOU lays out a comprehensive engine and pump business cooperation framework, through the formation of a joint venture (JV) to manufacture 2-stroke engines, 4-stroke engines, and marine pumps; including sales and aftersales