South Korean
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Bulk Carrier
Investigation Underway Following Explosion on South Korean Bulk Carrier
South Korea’s presidential office announced on Tuesday that it will take several days to determine the cause of an explosion…
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Bulk Carrier
South Korean Won Hits 17-Year Low Amid Economic Concerns
SEOUL, March 16 (Yonhap) — The South Korean won has plunged to a 17-year low, raising alarm over potential inflation…
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Shipbuilding
South Korean Shipyard Secures Major Container Ship Contract
HJ Shipbuilding & Construction, a prominent South Korean shipyard, has clinched a significant contract to build two advanced container ships…
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Shipbuilding
Japan Launches New Shipping Initiative to Strengthen Domestic Shipbuilding
Japan has officially introduced a comprehensive shipping initiative aimed at bolstering its shipyards and enhancing collaboration within the domestic maritime…
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Shipbuilding
International Seaways Accelerates Fleet Modernization
International Seaways is strategically downsizing its fleet by selling older vessels, enhancing its balance sheet and trading capabilities. Since the…
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Shipbuilding
Hanwha Explores Expansion of Philly Shipyard Operations
Hanwha is actively considering the expansion of its Philly Shipyard in Philadelphia, Pennsylvania, as reported by The Wall Street Journal…
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Shipbuilding
India Offers 15-25% Shipbuilding Subsidies to Boost Industry
The Indian government has announced a significant support policy worth 7 trillion Korean won (approximately 430 billion rupees) aimed at…
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Shipbuilding
US Anti-China Measures Boost South Korean Shipbuilders’ Global Dominance
South Korean shipbuilders are experiencing a resurgence in global orders, with Hyundai and Hanwha leading the charge amid US efforts…
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Shipbuilding
South Korean Shipbuilders Surge Amid US-China Tensions
South Korean shipbuilders are poised to reclaim a significant share of the global market, driven by recent U.S. measures aimed…
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Shipbuilding
Hanwha Group to Build Nuclear-Powered Submarines for US Navy
Hanwha Group has announced its readiness to participate in the construction of nuclear-powered submarines for the US Navy at its…
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