Korea
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News
Wärtsilä Cargo Handling- and Fuel Gas Supply System again the choice for Very Large Ethane Gas Carriers being built at Samsung Heavy Industries yard in Korea
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has again been selected by Samsung Heavy Industries (SHI) to supply the…
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Shipbuilding
HD Hyundai Heavy and Hyundai Mipo to merge
In a significant move aimed at bolstering its presence in the U.S. naval and Arctic shipbuilding sectors, South Korea’s HD…
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Shipbuilding
HD Hyundai Explores Korea-U.S. Shipbuilding Cooperation with Foreign Minister
Leading the charge for the “Make American Shipbuilding Great Again” project, HD Hyundai is spearheading efforts to strengthen bilateral cooperation…
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Shipbuilding
Ministries debate shipbuilding jurisdiction amid Korea-U.S. negotiations
A contentious power struggle is unfolding between South Korea’s Ministry of Trade, Industry and Energy and the Ministry of Oceans…
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Shipbuilding
Trade deal could open U.S. market for Korean nuclear industry
Korea’s nuclear industry is poised for significant growth following the inclusion of nuclear energy in a $200 billion strategic investment…
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Shipbuilding
Korea and U.S. finalize $150 billion shipbuilding cooperation package ahead of August deadline
In a significant development for the shipbuilding industry, South Korea and the United States have finalized a tariff agreement that…
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Shipbuilding
Korea Leverages Shipbuilding in U.S. Trade Talks
Korea is strategically positioning its shipbuilding industry as a pivotal asset in ongoing tariff negotiations with the United States. Industry…
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Shipbuilding
Japan revives shipbuilding industry to compete with Korea in US market
In a strategic move to revitalize its shipbuilding industry, Japan has announced the establishment of a national shipyard and plans…
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Marine Accident
South Korean-Flagged Container Ship Suffer Engine Room Fire Near Japan
A global marine claims management and recovery services company reported that on 21st January, fire broke out in the engine…
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Shipbuilding
Shipping’s $188B Ordering Spree is Overloading Global Capacity
The global shipbuilding industry is experiencing a significant surge in orders, the largest since the financial crisis of 2008. Shipowners…
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