South Korea has been trying for years to boost its tourism industry as part of its effort to strengthen the domestic economy. On Wednesday, it unveiled its latest plan: getting into [...]
SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE) on Thursday reported a 30% fall in third-quarter net profit due mainly to a decline in lucrative offshore facility projects. “Demand for shipbuilding, [...]
IMO and the Korea International Co-operation Agency (KOICA) Thursday signed a Co-operation Agreement at the Organization’s London Headquarters, for implementation of a pioneering technical co-operation project on Building Capacities in [...]
Military Sealift Command offshore petroleum distribution system ship MV Vice Adm. K.R. Wheeler participated in a combined, joint military exercise off the coast of Anmyeon, Republic of Korea today. Combined [...]
China surpassed South Korea to become the world’s largest shipbuilder in 2010 in terms of shipbuilding capacity and new orders, according to recently released statistics from China’s Ministry of Industry [...]
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