Tag: South Korea
South Korea Regains Top Spot in May Shipbuilding Orders
According to an article published by World News Monitor, South Korea edged China for the first time in three months to recapture the No....
Banks, Private Sectors Show Sudden Interest in Scrubbers Financing
Last Friday, South Korea's financial regulator announced that they will encourage private banks to increase ship financing, as part of its efforts to improve...
South Korean Shipbuilders Are Second Worldwide in New Builds
South Korean shipbuilders came in second worldwide in terms of new orders in the first quarterly with new orders totalling 1.62 million compensated...
Drunk Cargo Ship Captain Bumps Vessel into Bridge
According to Korean Herald, On February 28, a Russian cargo ship veered off course and bumped into a bridge off the southeast coast of South...
Product Tanker Caught Fire Off Busan!
On May 20 evening, a product tanker STRILEN reportedly caught fire in its super structure off Busan, South Korea. The vessel is reportedly docked...
GPS – Jamming – Prevent it the South Korean Way!
After Cyber Attack GPS Backup Revived by South Korea
South Korea has revitalized a recent project to construct a backup ship navigation system which would...
Increase In South Korea Maritime Accidents In 2015
The reports citing data from the South Korean Ministry of Public Safety and Security reveal that the number of maritime accidents has doubled during 2015,...
Fire Kills One And Injures 7 At Korean Shipyard
Fire Breaks Out Inside a Gas Tanker Under Construction
Accident
: Fire at Shipyard
Place
: Shipyard in southeastern South Korea
Date
: November 10th, Tuesday
Casualties
: 1 killed and 7 injured
On 10th...