Items Tagged With Korea

Samsung Heavy Industries held a christening ceremony on June 22 for a 9,600 TEU container ship and handed it over to Chinas CGS, the ship owner. This container ship is the largest ever to be built in the world. SHI had already built the worlds largest container ship in July 2005, and it's been only a year for the shipbuilder to renew this record. SHI was thus able to prove its worlds top technological capability in the construction of large container ship.

Samsung Heavy Industries (SHI) concluded a contract with Hanjin Shipping to build five 10,000 TEU container ships on August 24. The order allowed the shipbuilder to receive an accumulated amount of US$10 billion worth of orders so far this year. In addition, SHI is the first shipbuilder in the industry to reach US$10 billion in the orders received this year. It also marks the highest amount since the Korean shipbuilder was established.