south korea

Thursday, November 14, 2013
STX Pan Ocean Vanguard

Korean Shipping Lines Face Cash Crunch

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

November 14, 2013
Total Views: 17

Friday, July 19, 2013
DSME Okpo Korea Daewoo shipbuilding
Engineering News

Korean Won Gains for Second Week on Shipbuilding Orders

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

July 19, 2013
Total Views: 1

Sunday, July 7, 2013
hyundai heavy industries

Hyundai Heavy to Lift Prices on Demand as China Shipyards Falter

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

July 7, 2013
Total Views: 10

Monday, June 24, 2013

South Korea to Cut Imports of Iranian Crude

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

June 24, 2013
Total Views: 0

Sunday, April 14, 2013
LNG Capricorn mitsui o.s.k. lines

South Korea Resumes Iranian NGL Imports

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

April 14, 2013
Total Views: 4

Friday, April 12, 2013

STX Leads Losses in South Korea

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

April 12, 2013
Total Views: 2

Monday, January 14, 2013
EG LNG Equatorial guinea lng

South Korea-Bound Shipments of LNG Drop 9.5% as Prices Rise

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.

January 14, 2013
Total Views: 0

Thursday, January 3, 2013
hanjin dampier capesize bulk carrier

Japanese Firms May be Prohibited from Shipping South Korea-Bound Coal, Suspicion Runs Deep

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

January 3, 2013
Total Views: 9

Wednesday, October 31, 2012
Fire Incidents

Two Killed in Explosion at South Korean Shipyard

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

October 31, 2012
Total Views: 5

Thursday, October 18, 2012

Five Killed After Korean Coast Guard Vessel Capsizes During Rescue [RAW VIDEO]

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

October 18, 2012
Total Views: 5

Tuesday, October 16, 2012
South Korean Coast Guard Cutter

Chinese Fisherman Shot To Death by Coast Guard

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

October 16, 2012
Total Views: 39

Wednesday, August 29, 2012
Engineering News

DSME 2Q Hit By Discounts

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

August 29, 2012
Total Views: 0

Friday, July 20, 2012
Engineering News

South Korean Shipbuilders Tapping Bond Market to Raise Cash

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

July 20, 2012
Total Views: 3

Tuesday, June 26, 2012
Rolls-Royce MT30
Press Releases

South Korean Navy Selects Rolls-Royce MT30 Turbine for New Frigate

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

June 26, 2012
Total Views: 33

Monday, January 16, 2012

Statoil to Ship More North Sea Forties Crude Oil to Asia

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

January 16, 2012
Total Views: 12

Monday, December 12, 2011

South Korean Coast Guard Officer Fatally Stabbed in Skirmish with Chinese Captain

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

December 12, 2011
Total Views: 5

Wednesday, November 16, 2011

Shipyard Protest – Forget Occupy Wall Street And Take A Lesson From Ms. Kim

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

November 16, 2011
Total Views: 26

Monday, October 17, 2011

Fred Olsen Extends Drillship Option With Hyundai Heavy

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

October 17, 2011
Total Views: 0

Friday, September 30, 2011
Engineering News

Keppel Shipyard Lands $142 Million In Conversion Contracts

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

September 30, 2011
Total Views: 58

Tuesday, July 5, 2011
Engineering News

Hyundai provides a quarter of the world’s total shipbuilding capacity [INTERVIEW]

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

July 5, 2011
Total Views: 2