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Shipping & Shipbuilding Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...

Automobiles Tata Daewoo rebrands itself as Tata Daewoo Mobility

South Korea's Tata Daewoo Commercial Vehicle Company is rebranding itself as "Tata Daewoo Mobility" to mark its 30th anniversary.Tata Daewoo held on...

Construction Daewoo E&C wins Turkmen mineral fertilizer plant project

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) said on Monday that it was selected as the winning bidder for a Mineral Fer...

Energy Daewoo E&C reorganizes its nuclear-related division

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) has expanded and reorganized its nuclear-related division following its sel...

Construction Daewoo E&C, CSCEC to collaborate on overseas projects

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) said on Tuesday that it signed a memorandum of understanding (MOU) the prev...

Energy South Korea to develop gas-cooled reactor with POSCO, SK, Daewoo

South Korea has embarked on a 44.5 billion won ($32.3 million) project to jointly develop an advanced gas-cooled nuclear reactor with related domest...

Shipping & Shipbuilding Samsung Heavy wins certification for ammonia fuel VLAC

South Korea's Samsung Heavy Industries announced on Wednesday that it obtained Approval in Principle (AIP) from Lloyd's Register for the design of a...

Automobiles Tata Daewoo wins order for 130 Maxen trucks in Colombia

South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that signed a contract to sell 130 units of its large truck Maxen to Colom...

Automobiles Tata Daewoo to build plant for producing trucks in Saudi Arabia

South Korea's Tata Daewoo Commercial Vehicle Company announced on Monday that it will build a production plant in Saudi Arabia.Tata Daewoo signed a ...

Construction Daewoo E&C, Kuwaiti banks sign $250 mn loan agreement

Daewoo Engineering & Construction Co. has signed an agreement to take on a $250 million loan from three Kuwaiti banks, Al Ahli Bank of Kuwait (A...

Automobiles Tata Daewoo resumes truck exports to Algeria

South Korea's Tata Daewoo Commercial Vehicle Company announced on Tuesday that it resumed truck exports to Algeria under the Daewoo brand. Tata...

Shipping & Shipbuilding HD Hyundai strengthens eco-friendly remodeling vessels

South Korea's HD Hyundai Marine Solution said on Friday that it signed a contract with the Greece-based Neptune to deliver engine part load optimi...

Construction Daewoo E&C teams up with Chinese company on wind power generation

Daewoo Engineering & Construction Co. announced on Thursday that it has signed a business agreement with China Communications Construction Compa...

Construction & Planning Daewoo E&C completes India's longest sea bridge

Daewoo Engineering & Construction Co. (Daewoo E&C) announced on January 23, 2024, that it has completed the construction of the Mumbai Trans...

Corporate bonds Korean corporate debt sale hits snag amid Taeyoung woes

The South Korean corporate bond market is taking a direct hit from growing credit crunch concerns in the country’s construction sector trigger...

Automobiles Tata Daewoo triumphs in global market with 40% export surge

South Korea's Tata Daewoo Commercial Vehicle Company (TDCV) achieved remarkable success last year by exporting 40% of its total sales, despite the g...

Construction & Planning Daewoo E&C opens theme park Ice Jungle in Phu Quoc

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened the digital theme park Ice Jungle in its ongoing luxury residential ...

Construction Korean Daewoo E&C seeks biz amid Indonesia’s new capital plan

South Korean Daewoo Engineering & Construction Co. is seeking business opportunities alongside Indonesia’s plan to relocate its capital as...

Construction Daewoo E&C seeks energy infrastructure biz in Yemen

South Korea's Daewoo Engineering & Construction Co. announced on Friday that it signed a memorandum of understanding (MOU) with the Yemeni Minis...

Shipping & Shipbuilding Hanwha Ocean wins world's largest ammonia carriers order

South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shippi...

Construction Daewoo E&C opens new branch in Turkmenistan

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) opened a branch in Ashgabat, the capital of Turkmenistan, on Oct. 31, the c...

Batteries HD Hyundai Infracore to develop truck battery packs

South Korea's HD Hyundai Infracore Co. plans to enter the electric commercial vehicle market through the development of truck batteries.The company ...

Shipping & Shipbuilding Hanwha Ocean, ABS to join forces for LCO2 carrier study

South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...

Energy Daewoo E&C, KAERI to team up for nuclear tech research

South Korea's Daewoo Engineering & Construction Co. (Daewoo E&C) announced on Friday that it signed a research collaboration memorandum of u...

Energy Daewoo E&C, SK Ecoplant to cooperate in nuclear power

South Korea’s Daewoo Engineering & Construction Co. (Daewoo E&C) and SK Ecoplant Co. will jointly take on the domestic and overseas ma...

Mergers & Acquisitions Daewoo Shipbuilding enters new chapter as Hanwha Ocean  

Daewoo Shipbuilding & Marine Engineering Co. (DSME), South Korea’s cash-deprived second-largest shipbuilder, has rebranded itself Hanwha O...

Shipping & Shipbuilding Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...

Shipping & Shipbuilding Daewoo Shipbuilding lands record LNG carrier deal from Greece

Daewoo Shipbuilding & Marine Engineering Co., one of the world’s largest shipbuilders,  secured a $512 million contract to build two ...

Construction Daewoo E&C wins massive $790 million public project in Libya

South Korea's Daewoo Engineering & Construction Co. has landed a massive order from the General Electricity Company of Libya.Daewoo E&C on F...

Airlines Jeju Air teams up with startup Plana to explore urban air mobility

Jeju Air Co., South Korea’s largest budget airline, said on Monday that it signed a memorandum of understanding with Plana, a domestic startup...