Friday, April 9, 2021
Maritime Security Incidents

Iran Frees South Korean Tanker and Its Captain

By Hyonhee Shin SEOUL, April 9 (Reuters) – Iran released on Friday a South Korean ship and its captain detained since January after South Korea promised to try to secure...

April 9, 2021
Total Views: 1873

Wednesday, March 3, 2021
Shipping

Saudi Arabia to Ship Gas to South Korea and Take CO2 Back

By Verity Ratcliffe, Seyoon Kim and Kyunghee Park (Bloomberg) — Saudi Arabia plans to ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide...

March 3, 2021
Total Views: 1405

Friday, February 5, 2021
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool
Offshore

South Korea Unveils $43 Billion Plan to Build the World’s Largest Offshore Wind Farm

By Hyonhee Shin SEOUL, Feb 5 (Reuters) – South Korea unveiled a 48.5 trillion won ($43.2 billion) plan to build the world’s largest wind power plant by 2030 as part...

February 5, 2021
Total Views: 3073

Friday, January 29, 2021
Shipping

Iran MP Says Unfreezing $7 Billion May Help Release of South Korean Tanker

DUBAI, Jan 29 (Reuters) – A move by South Korea towards releasing $7 billion in frozen Iranian funds may help spur Iran’s judiciary to resolve the seizure of a Korean...

January 29, 2021
Total Views: 2866

Wednesday, January 6, 2021
Shipping

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: 1071

Tuesday, January 5, 2021
Piracy

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: 3318

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: 99

Monday, May 11, 2020
Interesting

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: 1156

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: 88

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: 10

Tuesday, March 5, 2019
seagrand russian cargo ship bridge
Blog

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: 60

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: 3

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
News

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: 5

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: 81

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: 20

Monday, May 21, 2018
auto banner fire south korea
Interesting

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: 82

Friday, April 6, 2018
daewoo shipbuilding
News

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: 6

Monday, March 26, 2018
News

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