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Tag: samsung heavy industries

Samsung comes first in its 36 year history

by ash on May.25, 2010, under Business & Industry

“Samsung comes first in its 36 year history ”

Korean heavyweight Samsung Heavy Industries (SHI) has overtaken Hyundai Heavy Industries (HHI), if only temporarily, to hold the world’s largest shipbuilding orderbook, according to data from Clarksons Research Services.

At the end of March, HHI was ahead with 8.5 million CGT to SHI’s 8.0 million CGT, but a surge of orders in April pulled SHI ahead for the first time in its 36-year history.

Courtesy : Baird Maritime

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Coming soon the new era of shipyard

by ash on Feb.05, 2010, under Business & Industry

“Samsung to build green shipyard ”

Samsung Heavy Industries, Korea, held a ceremony to launch its green management programme on January 28. As part of the project, Samsung announced that it launch a “green shipyard”.

Worth US$434 million and to be ready by 2015, this specialised shipyard will develop environmentally-friendly vessels.

“The green growth paradigm is emerging due to global warming and companies are required to take action and responsibility for the cause,” Samsung President Noh In-sik was quoted as saying by Asiasis.

“Keeping pace with the demands of the new era, we will promote growth based on green management in a bid to become a socially responsible company.”

A green management committee with a representative director will also be chosen to head the new shipyard.

The shipyard will aim to develop new technologies to enhance energy efficiency while decreasing green house gas emissions by 30 percent.

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