South Korean
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Bulk Carrier
Yang Ming Marine Orders Four New Bulk Carriers
Taiwan’s Yang Ming Marine Transport Corporation has announced plans to enhance its fleet by ordering four new fuel-efficient Handymax bulk…
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Shipbuilding
Samsung Heavy completes transpacific trial of AI-powered navigation system
Samsung Heavy Industries has marked a significant milestone in maritime technology by successfully completing a transpacific voyage using its proprietary…
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Container
ABS Approves South Korean 16,000 TEU Electric-Powered Boxship Design
ABS has officially approved a pioneering concept for a 16,000 TEU electric-powered container ship, developed by HD Korea Shipbuilding &…
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Container
Korea Proposes MASGA Project to Boost U.S. Shipbuilding
In a strategic move to enhance tariff negotiations with the United States, South Korea has proposed a multibillion-dollar initiative known…
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Bulk Carrier
Report: Korean Steel Giant POSCO is Exploring Acquiring Control of HMM
Speculation surrounding the future ownership of South Korean shipping company HMM is intensifying, following the collapse of a previous sale…
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Shipbuilding
Marcos leads launch of Hyundai Shipyard in Subic Freeport
SUBIC BAY FREEPORT — President Ferdinand Marcos Jr. inaugurated HD Hyundai Heavy Industries Philippines, Inc. on September 2, 2025, marking…
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Shipbuilding
Splash Wrap: Koreans bankroll America’s rusting docks
In a significant move to bolster U.S. shipbuilding, the South Korean delegation announced a staggering $150 billion investment during a…
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Shipbuilding
Oil surplus drives tanker demand
As President Donald Trump seeks to resolve the ongoing conflict in Ukraine, oil markets are grappling with heightened geopolitical risks…
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Shipbuilding
Maine Maritime Academy’s New Federal Training Vessel Christened at Hanwha Philly Shipyard
The U.S. Maritime Administration (MARAD) recently marked a significant milestone with the christening of the State of Maine at Hanwha…
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Shipbuilding
Hanwha Ocean to inject additional $70 mln into U.S. shipyard
SEOUL, Aug. 25 (Yonhap) — Hanwha Ocean Co., a prominent South Korean shipbuilder, has announced plans to invest an additional…
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