South Korea
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Shipbuilding
Venergy Maritime Expands Fleet with New MR Tanker Orders
Venergy Maritime, a rapidly growing Greek shipping company, is advancing its fleet expansion strategy by securing additional orders for medium-range…
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Shipbuilding
South Korea’s Industrial Growth Stalls Amid Construction Slump
South Korea’s industrial production growth has hit its lowest point in five years, excluding the downturn experienced during the COVID-19…
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Shipbuilding
Nordic American Tankers Expands Fleet with New Suezmax Orders
Nordic American Tankers, a New York-listed shipping company, has solidified its commitment to fleet modernization by signing contracts for two…
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Shipbuilding
Aygaz Enters Very Large Gas Carrier Market with $119 Million Contract
Turkey’s leading LPG distributor, Aygaz, has made a significant leap into the very large gas carrier (VLGC) sector by signing…
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Bulk Carrier
South Korea Launches Innovative Wing Sail Testing
South Korea is making strides in maritime technology with the launch of its first domestically developed wing sail for wind-assisted…
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Decarbonization
Carbon Neutral EcoCreation Plan Turns Cruise Ship Plastic
Carbon Neutral LLC has announced a strategic collaboration with South Korea’s EcoCreation LTD to address the pressing issue of hard-to-recycle…
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Shipbuilding
Hanwha Group Eyes Expansion of Philadelphia Shipyard Amid Rising Demand
South Korea’s Hanwha Group is actively pursuing an expansion of its Philadelphia shipyard and considering the acquisition of additional U.S.…
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Shipbuilding
Hanwha Group Eyes Expansion of Philadelphia Shipyard
South Korea’s Hanwha Group is actively pursuing an expansion of its Philadelphia shipyard and considering acquisitions of additional U.S. shipyards.…
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Shipbuilding
Tamil Nadu Delegation Boosts Shipbuilding Ties in South Korea
A high-level delegation from the Tamil Nadu government recently visited HD Hyundai’s Ulsan shipyard in South Korea to enhance shipbuilding…
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Bulk Carrier
South Korea Sets Course for Regular Trans-Arctic Shipping
South Korea is poised to become the first Western-aligned nation to establish regular trans-Arctic shipping routes, leveraging Russia’s Northern Sea…
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