MOSCOW, July 10 /PRNewswire/ -- On June 19, 2009 United Industrial Corporation (OPK) and Samsung Heavy Industries Co., Ltd. (SHI, Korea) signed a memorandum for mutual business cooperation, during SHI representatives' visit to St.

The persistent market chatter that South Korean steel giant Posco (PKX) is mulling a takeover of Daewoo Shipbuilding & Marine Engineering underscores two divergent trends in the global heavy industries arena.

Tokyo, July 11 (Jiji Press)--Sumitomo Heavy Industries Ltd. and Hitachi Zosen Corp. on Monday joined a group of Japanese companies that have reported the deaths of employees due to diseases believed to have been caused by asbestos.