South Korea
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Shipbuilding
The Rise of Asia in Shipbuilding
The shipbuilding industry has undergone significant transformations over the past few decades. Once dominated by Europe, particularly the United Kingdom…
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Shipbuilding
Hanwha completes US$100 mln acquisition of Philly Shipyard of U.S.
South Korea’s Hanwha Group has made a significant move in the maritime industry by acquiring Philly Shipyard for $100 million.…
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Shipbuilding
South Korea awards almost 1.9GW of offshore wind capacity
South Korea is making significant strides in renewable energy. The Ministry of Trade, Industry, and Energy has recently awarded nearly…
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Shipbuilding
Taiwan and South Korea Strengthen Marine Cooperation
The Ocean Affairs Council (OAC) of Taiwan is taking significant steps to enhance collaboration with South Korea in marine conservation.…
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Shipbuilding
Busan port set for massive expansion to double handling
Busan Port Expansion: A New Era for South Korea’s Shipping South Korea is set to transform its largest port, Busan,…
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News
South Korea’s HD HHI to Develop Submarine with Peru
South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) and Peru’s SIMA Shipyard have joined forces to create a new…
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News
Aquaculture Outpaces Wild Catch in China’s Fisheries
The world’s population is expected to reach 9.7 billion by 2050. To feed everyone, we need sustainable ways to provide…
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News
HMM to spend $17.5 bn by 2030 to double cargo capacity
HMM Co., South Korea’s largest ocean carrier, has unveiled a bold plan to invest 23.5 trillion won ($17.5 billion) by…
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News
South Korea’s LIG Nex1 to Design Reconnaissance USV for ROK Navy
LIG Nex1 has been chosen as the preferred bidder for South Korea’s Defense Acquisition Program Administration’s (DAPA) “Reconnaissance Unmanned Surface…
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Decarbonization
Peninsula tied to a pair of LNG bunker newbuilds
Fuel supplier Peninsula is reportedly connected to two new LNG bunker vessels being built in South Korea. According to industry…
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