Tag: South Korea
Hyundai Heavy Industries Cancels $872.6m VLCC Construction Contract
The global VLCC orderbook has seen a sizeable chunk removed this week, reports Splash247.
The cancellation
South Korea’s Hyundai Heavy Industries and sister yard Hyundai Samho...
South Korean Container Majors To Form Brand New K-Alliance
Five South Korean container shipping companies shake hands and agreed to establish a Korean Maritime Movement Alliance (K-Alliance).
This was done in an...
Pan Ocean Looking Forward To LNG Fleet Expansion
Pan Ocean has recently placed over $550m in orders for three LNG carriers.
Two of the carriers are expected to go on charter...
$869M To Support Eco-Friendly Ship Technology Development
South Korea is going to allocate around KRW960bn ($869m) to support eco-friendly ship technology development projects as part of its latest 2030 Green Ship-K...
Will It Still Be A ‘Merry Christmas’ Amidst The Restrictions This...
Hospitals across the U.K., which has Europe's second-highest virus-related death toll at nearly 70,000, are heading towards capacity at a time of year...
China’s Long Journey To Decarbonize
Natural gas has yet to hit its peak by 2030 before it begins to decline, but still has a greater role in the...
South Korea’s Global Leader ‘Panasia’ All Set To Enter Kosdaq By...
Panasia to go public on the Kosdaq market by October.
By offering 4.5 million new shares, the company aims to raise around $121.6...
World’s Largest Shipbuilders Merge
Singapore’s antitrust watchdog approved the merger of the world’s two largest shipbuilders.
CCCS has concluded the screening process.
The authorities decided to approve...
‘Five-year Plan’ To Boost Maritime Industry
South Korean government plans to boost the container carrying capacity.
It plans to push the country’s liner operators to 1.2 million TEU by...
A Six-year Project To Develop Ships with “Degree-Three” Autonomous Features
South Korea reveals that its eventual goal is to develop a fully autonomous ship.
The IMO defines as vessels that are able to...