News and Updates on Hyundai Heavy Industries Group
HCE Launched Korea’s First Electric Mini-Excavator
Hyundai Construction Equipment (HCE) announced that it developed a Korea’s first battery-powered mini-excavator in collaboration with the global engine maker Cummings.
Hyundai Oilbank Strikes Long-Term Direct Supply Deal with Mexico
Hyundai Oilbank said it has signed a long-term supply agreement with PMI, the commercial arm of Mexico’s state-run oil company Pemex, to provide 2.1 million barrels of gasoline in the first half of next year.
HHI Wins USD 210-Million Contract for Two Shuttle Tankers
HHI won the USD 210-million contract to build two 153,000 DWT shuttle tankers with Norwegian shipping company KNOT. The vessels will be constructed from the first half of 2019 in HHI’s Ulsan yard and will be delivered in order from June 2020.
HHI Holdings Targets Chinese Robot Market
In September 20, Hyundai Heavy Industries Holdings (HHI Holdings) participated in China International Industry Fair 2018 (CIIF 2018) held in Shanghai, China and signed agreement with Jiangsu Hagong Intelligent Robot (JHIR) to establish a joint venture for industrial robots. The agreement ceremony was attended by Youn Joong-geun, CEO of HHI Holdings, Qiao Hui, vice chairman of Jiangsu Hagong Intelligent Robot and other guests.
HHI Introduces Next Generation LNG Technology in Gastech 2018
Hyundai Heavy Industries (HHI) will organize Tech Forum for 70 global clients on October 19 in Gastech 2018 held in Barcelona, Spain from October 17 to October 20.
Hyundai Green Energy Signs MOU for Floating Solar Plant with KEPCO KPS
Hyundai Green Energy announced on July 31 that it signed a Memorandum of Understanding (MOU) with the state-run power corporation KEPCO KPS to make mutual cooperation for the development of a total of 170 MW floating solar power plants in its public energy plants.
HCE Commercializes Smart ‘Machine Guidance’ Excavator
Hyundai Construction Equipment (HCE) newly shows an excavator applied to the ‘Machine Guidance (MG)’ technology, the pre-stage technology before an unmanned excavator.
HGS Leads Eco-friendly Ship Retrofit Business
Hyundai Global Service (HGS) stands ahead in the eco-ship retrofit service business covering the installation of SOx Scrubbers and Ballast Water Treatment System (BWTS) and creates a blue ocean in the shipbuilding industry.
HCE Extends Production Capability in India
Hyundai Construction Equipment (HCE) is stepping up its efforts to take over Asian markets by extending the excavator factories in India and China.
Hyundai Electric Opens the Korea’s First Reliability Center for Electrical Machinery
Hyundai Electric & Energy Systems (Hyundai Electric) announced on May 10 that it opened the Korea’s first electric Reliability Center to secure more competitiveness and enhance its R&D capability in the electric machinery industry.