South Korea
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Shipbuilding
Capital Clean Energy Carriers Expands LNG Fleet with New Orders
Capital Clean Energy Carriers (CCEC) has announced a significant expansion of its liquefied natural gas (LNG) fleet by placing an…
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Fishing Vessel Catches Fire Off Busan, South Korea
On December 23, a 55-ton fishing vessel caught fire in the Sea of Japan, approximately 20 kilometers southeast of Songjeong-dong,…
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Shipbuilding
Trump Backs Hanwha in U.S. Navy Frigate Plans
In a significant announcement at Mar-a-Lago, U.S. President Donald Trump revealed plans to construct new frigates for the U.S. Navy,…
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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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