Tag: Hyundai Heavy Industries Co Ltd

• Thursday, November 20th 2014 - 04:55 UTC

  World largest containership (19.000 TEU) belongs to China and was built in Korea

  

  The world’s largest containership was named at a ceremony held by builder Hyundai Heavy Industries Co., Ltd. (HHI) this week. Named CSCL Globe, it is the first of five 19,000 TEU containerships for China Shipping Container Lines (CSCL), and takes the title of world’s largest containership from Maersk Line’s 18,000 teu Triple E class vessels.

• Friday, October 31st 2014 - 06:38 UTC

  Korea's largest shipbuilder announces record losses worse to come

  

  South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of 1.8 billion dollars and warned it's heading for its worst-ever year as cost overruns mount up in new business lines it developed to counter a global glut of low-margin ship orders.