south korea

South Korea’s three biggest shipping companies face a cash crunch as 3 trillion won ($2.8 billion) of bonds are due for repayment in the next two years

July 19 (Bloomberg) — The won gained for a second week after South Korea’s shipbuilders won overseas orders and as the Federal Reserve calmed

Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global

By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the

By Meeyoung Cho SEOUL, April 15 (Reuters) – South Korea resumed imports from Iran of natural gas liquids in March, customs data showed on Monday, after

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards

Imports of liquefied natural gas into South Korea, the world’s second-largest buyer of the fuel, dropped 9.5 percent in December as prices rose.

South Korea’s government is moving to bar foreign shipping lines from contracts in the state-run energy sector as it supports domestic companies

An explosion at a South Korean shipyard has killed two workers and injured nine others, Yonhap News Agency has confirmed with Police. The explosion occurred at

A South Korean coast guard vessel capsized after rescuing crew members of a damaged cargo ship off the southern island of Jeju, the Associated Press has

(Bloomberg) — A Chinese fisherman died from injuries sustained in a South Korean coast guard raid after his vessel entered South Korean waters in the

SEOUL–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) on Wednesday posted a 33% decline in its second-quarter net profit, due to earlier

(Bloomberg) — Sales of won-denominated bonds more than tripled this week as South Korean shipbuilders took advantage of record-low yields to raise funds

Rolls-Royce announced today that their MT30 gas turbine engine has been selected by the South Korean Navy to power a new FFX frigate. This is the first order

SINGAPORE (Dow Jones)–Norwegian oil major Statoil ASA (STL.OS) has chartered a vessel to ship North Sea Forties crude oil to Asia, in what could be at

The captain of a Chinese fishing vessel has been arrested for fatally stabbing a South Korean Coast Guard officer who was trying to stop the ship in South

Occupy Wall Street has grabbed the headlines but momentum is slowing and their message is falling on deaf ears in Washington. Maybe they would be more

Fred Olsen today said it has reached an agreement with Hyundai Heavy Industries to extend its option for a second newbuild drillship originally set to expire

Keppel Shipyard has secured three conversion contracts worth $142 million according to a company release.  The contracts include the conversion of a Liquefied

The following article originally appeared in DNV’s Tanker update No. 1 2011. by Magne A. Røe, DNV The Hyundai group of shipyards has the combined