Tag: South Korea

S.Korea’s Shipyards Get OK from Shipping Companies To Delay Vessel Delivery

South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domestic...

DHT Paying $94.5m for Six-Year Old VLCC

The secondhand VLCC was built at Hyundai Heavy Industries in South Korea. The vessel is equipped with a scrubber, and DHT stated that it will...

HD Korea Shipbuilding Wins $95.9M Carrier Order

On Tuesday, HD Korea Shipbuilding & Offshore Engineering Co. announced that it has secured an order worth 127 billion won (approximately US$95.9 million) to...

Renault Korea Turns To Containers To Carry Cars!

With charter rates for pure car and truck carriers surging four-fold from pre-Covid-19 levels, Renault Korea will start using 40-foot containers to ship more...

We’re Sailing! Building Smarter, Greener Ships

Anchors aweigh! Building larger, greener and more intelligent ships, states a Shine news source. A rival with China in global shipbuilding South Korea, a rival with...

South Korea Stretches Container Shipping Links To Russia

South Korea has again widened container shipping links with Russia, the port of Donghae starting a container liner service linking it with far-eastern ports. Regional...

South Korea and US Boost Military Cooperation with Joint Maritime Exercise

On April 24-27, the guided-missile destroyer USS John Finn (DDG 113) of the Arleigh Burke class participated in a series of drills with the...

South Korea Unveils ‘Blue Whale’ LNG Bunker Ship with Korean Storage...

South Korea has officially handed over a new liquefied natural gas (LNG) bunkering vessel called the "Blue Whale." The vessel, constructed at Hyundai Heavy...

Indonesia and South Korea Ditch The Dollar For Bilateral Trade

Among the five largest economies in Asia, South Korea and Indonesia have chosen to conduct business in indigenous currencies. Recently, the central banks of...

China vs. South Korea in Shipbuilding Tech: Will Environment Be the...

China and South Korea are competing fiercely to gain a larger share of the shipbuilding industry, which is considered critical for China's industrial growth...
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