Wednesday, January 6, 2021

South Korea Delegation Heads to Iran to Seek Release of Seized Tanker -Report

By Sangmi Cha SEOUL, Jan 6 (Reuters) – A South Korean delegation is heading to Iran on Wednesday to seek the release of a chemicals tanker and its 20-member crew...

January 6, 2021
Total Views: 1040

Tuesday, January 5, 2021

Iran Denies Seizing Korean Ship and Holding Crew Hostage

By Sangmi Cha and Josh Smith SEOUL, Jan 5 (Reuters) – Iran denied on Tuesday it was using a South Korean ship and its crew as hostages, a day after...

January 5, 2021
Total Views: 3220

Monday, June 1, 2020
qatar lng ship
Maritime News

Qatar Launches Largest LNG Shipbuilding Program in History at Korean Yards

State-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers valued at more than US$19 billion. The...

June 1, 2020
Total Views: 64

Monday, May 11, 2020

World’s Largest Containership Departs China with Record Load

The world’s largest containership has departed China carrying a record 19,621 TEUs.  South Korean shipping line HMM said its new HMM Algeciras departed the Port of Yantian on May 8...

May 11, 2020
Total Views: 779

Monday, August 19, 2019
Maritime News

Billionaire Succession Stirs Protest at World’s Largest Shipyard

By Yoojung Lee (Bloomberg) — Park Jin-ok was one of the first to take voluntary retirement at Hyundai Heavy Industries Co. after working as a welder for the world’s largest...

August 19, 2019
Total Views: 50

Thursday, June 6, 2019
bulk ship helicopter pad
Maritime News

Private Equity Firm Hahn Reportedly Mulling $4 Billion Sale of South Korea’s H-Line Shipping

By Manuel Baigorri and Cathy Chan (Bloomberg) — Hahn & Co. is considering options for H-Line Shipping Co. including a partial or full sale of the South Korean freight company,...

June 6, 2019
Total Views: 8

Tuesday, March 5, 2019
seagrand russian cargo ship bridge

New Video Shows Russian Cargo Ship’s Busan Mayhem

Some new footage published by Korean media today gives us new  look at the mayhem that went down last week in Busan as a Russian cargo ship hit moored sailboat...

March 5, 2019
Total Views: 33

Friday, February 15, 2019
offshore wind
Maritime News

South Korea to Explore Floating Offshore Wind Opportunities with Equinor

South Korea’s national oil company is teaming up with Norway’s Equinor to develop commercial floating offshore wind in South Korean waters as the Korean government looks to add more renewables...

February 15, 2019
Total Views: 1

Tuesday, November 13, 2018
south korean shipbuilding
Maritime News

Japan Takes South Korea to WTO Over Financial Support for Shipbuilders

By Tom Miles GENEVA, Nov 13 (Reuters) – Japan has launched a complaint at the World Trade Organization to contest what it says is illegal financial support given by South...

November 13, 2018
Total Views: 1

Sunday, July 1, 2018
south Korea coast guard

North and South Korea Reopen Maritime Communication Channel

SEOUL, July 1 (Reuters) – North and South Korea reopened a maritime communication channel on Sunday, with vessels from the two countries making radio contact for the first time in...

July 1, 2018
Total Views: 2

Tuesday, June 5, 2018
hyundai merchant marine
Maritime News

HMM to Spread 20-Vessel Megaship Order Among South Korea’s Top Shipbuilders

South Korea’s biggest shipping line Hyundai Merchant Marine has opted to split its twenty-vessel megaship order among South Korea’s top three shipbuilders as it seeks to accelerate its strategy of...

June 5, 2018
Total Views: 50

Monday, May 28, 2018
Maritime News

South Korea to Offer ‘Industry Crisis’ Funding to Hard-Hit Shipbuilding Regions

SEOUL, May 29 (Reuters) – South Korean Finance Minister Kim Dong-yeon said on Tuesday the government will designate five key shipbuilding centres on the country’s south coast as “industry crisis”...

May 28, 2018
Total Views: 10

Monday, May 21, 2018
auto banner fire south korea

Car Carrier Catches Fire at Port of Incheon, South Korea -Incident Video

A Panama-flagged car carrier caught fire Monday while docked at the Port of Incheon in South Korea. Officials said the fire broke out at about 9:40 a.m. local time in...

May 21, 2018
Total Views: 32

Friday, April 6, 2018
daewoo shipbuilding

Yonhap: South Korea Unveils Plan to Order 200 Vessels by 2020

South Korea’s government will help the nation’s shipping companies place orders for about 200 ships over the next three years to help the country’s ailing shipping and shipbuilding industry, South...

April 6, 2018
Total Views: 5

Monday, March 26, 2018

United States, South Korea Revise Trade Deal with Quotas on Korean Steel

By Hyunjoo Jin and Joyce Lee SEOUL, March 26 (Reuters) – The United States and South Korea agreed to revise a trade pact sharply criticized by U.S. President Donald Trump, Seoul...

March 26, 2018
Total Views: 1

Wednesday, March 21, 2018
HEUNG-A container ship
Maritime News

Korean Carrier to Customers: We’re Not Sinking

By Mike Wackett (The Loadstar) – Another South Korean shipping line under financial pressure has had to write to customers to dispel market rumors of a second box carrier crash....

March 21, 2018
Total Views: 4

Friday, December 29, 2017
A Chinese flag is seen in front of the Friendship bridge over the Yalu River connecting the North Korean town of Sinuiju and Dandong in China
Maritime News

Trump Warns China After Seoul Seizes HK-Flagged Tanker Selling Oil To North Korea

by Philip Wen (Reuters) – China on Friday denied reports it has been illicitly selling oil products to North Korea after U.S. President Donald Trump said he was not happy...

December 29, 2017
Total Views: 4

Wednesday, December 20, 2017
Maritime News

Korea Coast Guard Fires Warning Shots to Fend Off Swarming Chinese Fishing Boats

By Hyonhee Shin SEOUL, Dec 20 (Reuters) – South Korea’s coast guard said it fired 249 warning shots over a group of Chinese fishing boats “swarming around” one of its...

December 20, 2017
Total Views: 5

Wednesday, October 18, 2017
Maritime News

U.S., South Korea Conduct Joint Navy Drills to Counter North’s Threat

SEOUL (Reuters) – South Korea and the United States began week-long joint Navy drills in the waters around the Korean peninsula on Monday, amid high tensions over North Korea’s nuclear...

October 18, 2017
Total Views: 4

Monday, September 25, 2017

South Korea to Develop World’s Largest LNG-Powered Ship

South Korea’s Ministry of Oceans and Fisheries has announced a pilot program to build the world’s largest LNG-powered ship. The Ministry said Monday it would join forces with local shipyards...

September 25, 2017
Total Views: 7