South Korea
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Bulk Carrier
BSC to buy 6 ships for $330m to build container fleet
The Bangladesh Shipping Corporation (BSC) is set to make a significant move by purchasing six modern container ships from South…
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Shipbuilding
South Korea’s new guidelines to boost adoption of green ship tech
The South Korean Ministry of Ocean and Fisheries (MOF) has updated its operational guidelines for the eco-friendly ship and equipment…
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Shipbuilding
HD Hyundai Expresses Strong Interest in U.S. Naval Shipbuilding Cooperation
As geopolitical tensions rise, the United States is looking to enhance its naval capabilities through closer cooperation with South Korea’s…
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Marine Accident
4 dead, 6 missing after fishing trawler sinks off southern coast in South Korea
A tragic incident unfolded in the waters near the island of Habaek, off the coast of Yeosu in South Korea,…
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Shipbuilding
Chinese Shipyards Dominate Global Orders as Korean Shipbuilders Focus on High Value Projects
SEOUL, Jan. 27 (Korea Bizwire) — In 2024, Chinese shipbuilders dominated the global market, with seven of the top ten…
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US Navy Considers Korean Shipyards for Fleet Expansion
The Trump administration is exploring the possibility of outsourcing military shipbuilding to South Korean shipyards. This move comes as the…
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Shipbuilding
HJ Shipbuilding Secures New Patrol Vessel Order
HJ Shipbuilding & Construction (HJSC), a prominent South Korean shipbuilder, has recently announced a significant contract with the Republic of…
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Shipbuilding
South Korea’s Shipbuilding Industry Faces Challenges
China’s aggressive low-cost shipbuilding strategy has dramatically reshaped the global maritime landscape. South Korea, once a dominant player in the…
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S. Korea: Shipyard workers protest increased visa quota for migrant labor
The Korean shipbuilding industry is facing escalating tensions as the government considers extending a controversial policy on migrant labor. This…
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News
South Korea’s Shipbuilding Industry Outlook for 2025
South Korea’s shipbuilding sector is gearing up for a challenging yet ambitious 2025. HD Hyundai, the country’s largest shipbuilder, has…
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