Tag: South Korea
Mirae Asset To Invest $72 Million In Space X
According to Reuters on Friday, affiliates of the South Korean Mirae Asset Financial Group want to spend a total of 93 billion won ($72.43...
The Drop Has Come For LNG Shipping Stocks
A recent news article published in the UP-Indices states that LNG shipping stocks: The drop has arrived.
5% lost last week
The UP World LNG Shipping...
CoolCo Wraps Up Purchase Of LNG Carrier Quartet
LNG carrier operator CoolCo, formed by Idan Ofer’s Eastern Pacific Shipping and Tor Olav Troim’s Golar LNG, has completed the previously announced purchase of...
World’s First Lashing-Free Box Ship Secures Design Approval
The world's first lashing-free container ship, designed by South Korea's Hyundai shipbuilding group, has secured design approval from international societies. The ship does not...
South Korea’s Reliance On Saudi Crude Grows
Saudi crude's market share in South Korea rises to 32.6%
Refiners discard diversification strategy, seek stability in Middle East supply
September Russian crude...
Advantage Tankers Announces The Pair Of LNG-powered VLCCs
South Korea’s Daewoo Shipbuilding & Marine Engineering has hosted a naming ceremony for two LNG-powered VLCCs it built for Geneva-based Advantage Tankers.
DSME...
Korean Shipping Giant Opens A Land-Based Test Site
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has developed a land-based test site for electrification within its research and development center at the...
KSOE Obtains Orders Worth US $380m
Korea Shipbuilding & Offshore Engineering (KSOE), holding entity overseeing shipyards of South Korea’s conglomerate HD Hyundai, has added 525 billion won ($377 million) contracts...
Record-High LNG Import Prices To Facilitate Government Decision?
South Korean LNG importers are eyeing to expand LNG infrastructure in order to boost supply security in the wake high LNG prices and tight...
Bad News For Japanese Shippers As Exports Fade
Japanese shippers have to rely more on transhipments for long-haul sea freight, as mainline operators are making fewer port calls in the country, says...