South Korea
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Bulk Carrier
South Korea Responds to Shipboard Explosion in Strait of Hormuz
South Korea’s presidential office held an urgent meeting on Tuesday to discuss the nation’s response to a shipboard explosion and…
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Shipbuilding
South Korea Launches Strategic Council for Shipbuilding and Shipping
On April 28, South Korea’s Ministry of Oceans and Fisheries and the Ministry of Trade, Industry and Energy co-hosted the…
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Shipbuilding
South Korea’s Economic Growth Slows to 1% in 2025
SEOUL, March 30 (Yonhap) — South Korea’s gross regional domestic product (GRDP) experienced a modest increase of 1 percent in…
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Marine Accident
South Korea Elevates Premium Strategy Amidst Chinese Competition
As China rapidly closes the gap in key industries such as batteries, steel, and petrochemicals, South Korea is responding with…
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Shipbuilding
South Korea and U.S. Forge Shipbuilding Alliance
In a significant move to bolster shipbuilding collaboration, South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has reached out…
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Bulk Carrier
South Korea Activates Emergency Response Amid Middle Eastern Tensions
South Korea’s government and major corporations have initiated emergency response protocols due to escalating military conflicts involving Iran, Israel, and…
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Decarbonization
MOL Welcomes New LPG Dual-Fuel Carrier Energia Grandeur
Mitsui O.S.K. Lines, Ltd. (MOL) has announced the successful delivery of its latest very large gas carrier (VLGC), the Energia…
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Shipbuilding
Pacific International Lines Expands Fleet with LNG Ships
Pacific International Lines (PIL) is advancing its fleet renewal strategy by signing letters of intent for eight new LNG dual-fuel…
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Shipbuilding
Canadian Defense Minister Evaluates Hanwha Ocean’s Submarine Capabilities
SEOUL, Feb. 2 (Yonhap) — Stephen Fuhr, Canada’s minister responsible for defense procurement, visited Hanwha Ocean Co.’s shipyard in Geoje,…
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Shipbuilding
Sonangol Expands LNG Shipping Fleet with New Order
Angola’s state-controlled energy company, Sonangol, is set to enhance its liquefied natural gas (LNG) shipping capabilities by placing an order…
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