Friday, April 9, 2021
Wednesday, March 3, 2021
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...
Friday, February 5, 2021
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...
Friday, January 29, 2021
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...
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...
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...
Monday, June 1, 2020
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...
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...
Monday, August 19, 2019
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...
Thursday, June 6, 2019
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,...
Tuesday, March 5, 2019
Friday, February 15, 2019
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...
Tuesday, November 13, 2018
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...
Sunday, July 1, 2018
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...
Tuesday, June 5, 2018
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...
Monday, May 28, 2018
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”...
Monday, May 21, 2018
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...
Friday, April 6, 2018
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...
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...
Wednesday, March 21, 2018
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