South Korea
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Shipping Association Strongly Opposes POSCO’s HMM Acquisition
The Korea Shipowners’ Association has raised serious alarms over POSCO Group’s plans to acquire HMM, a major player in the…
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Shipbuilding
Evalend swells suezmax orderbook in South Korea
Evalend Shipping, a Greek shipping company, has announced a significant expansion of its fleet by placing an order for two…
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Shipbuilding
Surge in VLCC Sales Signals Market Recovery
The secondhand tanker market is experiencing a notable uptick, highlighted by a series of recent Very Large Crude Carrier (VLCC)…
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Shipbuilding
US-South Korea Boost Shipbuilding Ties
In a significant development following last week’s summit, the collaboration between South Korea and the United States in shipbuilding is…
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Shipbuilding
Hanwha Group Unveils $5 Billion Shipyard Investment
South Korea’s Hanwha Group has announced a significant $5 billion investment plan for the Hanwha Philly Shipyard, marking a crucial…
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Shipbuilding
US-South Korea Forge Shipbuilding Agreements Amid Trade Talks
During a pivotal visit to the United States, South Korean President Lee Jae Myung announced the signing of 11 non-binding…
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Shipbuilding
Samsung Heavy Industries Partners with U.S. Shipyard to Enter U.S. Maritime Market
Samsung Heavy Industries is making significant strides in the U.S. shipbuilding sector through a newly formed partnership with Vigor Marine…
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Shipbuilding
South Korea bets big on reviving troubled US shipbuilding to woo Trump
During his inaugural visit to the United States, South Korean President Lee Jae Myung is emphasizing a commitment to revitalizing…
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Shipbuilding
South Korea’s proposal to win over Trump: ‘Make America Shipbuilding Great Again’
HONG KONG — South Korea’s new president, Lee Jae-myung, is set to meet with U.S. President Donald Trump on Monday,…
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Shipbuilding
Hanwha Ocean To Inject Additional $70 Million Into US Shipyard
Hanwha Ocean, a prominent South Korean shipbuilder, is set to invest an additional $70 million in expanding its shipyard in…
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