South Korea
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Shipbuilding
Peru and South Korea Forge Submarine Development Partnership
On December 21, HD Hyundai Heavy Industries (HD HHI) announced the signing of a significant “Next-Generation Submarine Joint Development Agreement”…
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Shipbuilding
Foreign Labour Crisis Looms Over South Korea’s Shipbuilding Industry
On the afternoon of the 17th, a group of around 20 employees at HD Hyundai Heavy Industries’ Ulsan Shipyard rallied…
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South Korea-U.S. Trade Deal Stalled Over Submarine Dispute
Negotiations for a crucial trade agreement between South Korea and the United States are facing unexpected delays, primarily due to…
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Shipbuilding
Dispute Erupts Over Korea’s Nuclear Submarine Plans
In a significant development regarding South Korea’s nuclear submarine ambitions, Defense Minister Ahn Gyu-back revealed that no specific agreements have…
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Shipbuilding
U.S. Backs South Korea’s Nuclear Submarine Ambitions
SEOUL, Nov. 4 (Yonhap) — U.S. Defense Secretary Pete Hegseth announced on Tuesday that the United States will collaborate across…
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Shipbuilding
Nordic American Tankers readies suezmax newbuilds in South Korea
Nordic American Tankers (NAT) is set to enhance its fleet with a new agreement for two suezmax newbuilds, each valued…
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Shipbuilding
Shipping Leaders Rally Behind IMO Amid Setback
In a significant development, leading shipping organizations have expressed unwavering support for the International Maritime Organization (IMO) following a recent…
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Bulk Carrier
Louisiana’s Shipbuilding Industry Embraces High-Tech Future
In a significant development for the maritime sector, Louisiana is witnessing a resurgence in shipbuilding, driven by innovative partnerships and…
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Shipbuilding
Queue times for commodity vessels off Chinese ports hit highs not seen since 2022
As tensions rise between the U.S. and China, a crucial meeting between President Donald Trump and President Xi Jinping is…
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Shipbuilding
Samsung Heavy Delivers Groundbreaking LNG Carrier
Samsung Heavy Industries has made a significant advancement in the shipbuilding sector by delivering a 7,500 cubic meter LNG carrier…
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