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  • Hyundai Heavy Industries Teams up with Bahri to Develop Smart Ship Technology
    Hyundai Heavy Industries Teams up with Bahri to Develop Smart Ship Technology 2017.05.08

    Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a memorandum of understanding (MOU) on establishing a partnership in the smart ship sector with the National Shipping Company of Saudi Arabia (Bahri).


    The signing ceremony of the MOU was attended by Chung Ki-sun, Executive Vice President of Corporate Planning Office of HHI, An Kwang-hean, CEO of Hyundai Global Service, and Ali Al Harbi, CEO of Bahri.


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  • Hyundai Heavy Industries Posts Five Consecutive Quarterly Profits of 618.7 Billion Won 2017.04.27

    Hyundai Heavy Industries Posts Five Consecutive Quarterly Profits of 618.7 Billion Won

     

    Hyundai Heavy Industries (HHI) issued a public disclosure of its 1Q 2017 consolidated earnings today.

     

    According to a regulatory filing, during the January-March period HHI racked up 10.0756 trillion won in consolidated sales while consolidated operating income stood at 618.7 billion won, 90.3% up from last year’s comparable period, posting profits

  • Hyundai Heavy Industries Group Posts Largest Ship Orders in 3 Years 2017.04.26

    Hyundai Heavy Industries (HHI) Group, the world’s largest shipbuilding group, announced today that it won 39 ships worth $2.3 billion for January – April period, which is the largest ship orders for the comparable period in three years.


    HHI Group won 18 ships worth $900 million in April alone. Since the orders include options exercisable by owners to order additional same or similar class vessels, the total orders in April will amount to 31 ships worth $1.5 billi