Overview page containing news articles
South Korea
List of the highlighted articles
Posted: over 4 years ago
Hanjin Shipping Negotiating Debt Repayment Delay
Due to a prolonged period of slowdown in the shipping industry, South Korea’s cash-strapped company ...
Posted: over 4 years ago
Posted: over 4 years ago
Korea’s Big Three to Lose State Aid if Restructurings Fail?
South Korea’s three major shipbuilders could be exempt from the government’s plan to inj...
Posted: over 4 years ago
Posted: over 4 years ago
Loss of Hanjin and HMM Carries Multi-Billion Price Tag
South Korea’s economy would be hit by damages in the amount of some USD 19.1 billion if the co...
Posted: over 4 years ago
Posted: over 4 years ago
Kogas posts lower sales in May
South Korea’s Kogas, the world’s largest corporate buyer of LNG, reported a decline of 8.6 percent i...
Posted: over 4 years ago
Posted: over 4 years ago
Korean Banks Hit Hard by Shipbuilding Woes
After South Korea launched a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks, the c...
Posted: over 4 years ago
Posted: over 4 years ago
Weather Hampers Sewol Salvage, Ops to Resume Next Week
The salvage teams are scheduled to continue their operations on the sunken Sewol ferry off South Kor...
Posted: over 4 years ago
Posted: over 4 years ago
Samsung Heavy Industries Lays Out Restructuring Plans
South Korea’s Samsung Heavy Industries (SHI) has unveiled details of its self-restructuring pl...
Posted: over 4 years ago
Posted: over 4 years ago
India restarts LNG alliance talks with Japan, South Korea
As the demand for LNG in Asia grows, India has renewed its talks with Japan and South Korea on form...
Posted: over 4 years ago
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Posted: over 4 years ago
DSME Workers Vote for Walkout
The unionized workers at the financially troubled South Korean shipbuilder Daewoo Shipbuilding &...
Posted: over 4 years ago
Posted: over 4 years ago
Hanjin Shipping Struggles to Cut Charter Rates
Financially-troubled South Korean shipping major Hanjin Shipping failed to receive any positive resp...
Posted: over 4 years ago
Posted: over 4 years ago
South Korea to Consider Merging HMM and Hanjin Shipping
South Korean shipping company Hyundai Merchant Marine (HMM) and its compatriot Hanjin Shipping could...
Posted: over 4 years ago
Posted: over 4 years ago
South Korea Starts Lifting Sewol Wreck
South Korea’s Ministry of Oceans and Fisheries (MOF) has launched the salvage operation to recover t...
Posted: over 4 years ago
Posted: over 4 years ago
South Korea Sets Up USD 9.5 Bn Fund for Shipping and Shipbuilding
South Korea is launching a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks intended...
Posted: over 4 years ago
Posted: over 4 years ago
HHI Reveals Details of Its USD 3 Bn Self-Rescue Plan
After it received approval to carry out its self-rescue plan from creditors, the South Korean shipb...
Posted: over 4 years ago
Posted: over 4 years ago
Canada: Premier Clark sets out on LNG mission to Asia
The premier of Canada’s British Columbia province, Christy Clark, on Monday, began her seventh...
Posted: over 4 years ago
Posted: over 4 years ago
DSME to Sell HQ Building as Part of Self-Rescue Efforts
In its latest attempt to fight liquidity woes, the financially-troubled South Korean shipbuilder Dae...
Posted: over 4 years ago
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Posted: over 4 years ago
Petronas floats out its second FLNG unit
Malaysian energy giant Petronas has officially launched its second Floating LNG unit, the PFLNG2. Th...
Posted: over 4 years ago
Posted: over 4 years ago
BNCT Hits 5 Mn TEU Milestone
Busan New Container Terminal (BNCT) in South Korea crossed the five million TEU mark on April 27, in...
Posted: over 4 years ago
Posted: over 4 years ago
Samsung Heavy Urged to Come Up with Self-Rescue Measures
In an effort to speed up the South Korea government’s restructuring plan targeting the financi...
Posted: over 4 years ago
Posted: over 4 years ago
Hanjin Shipping Could Receive a Nod for Rehabilitation
Financially-troubled South Korean shipping company Hanjin Shipping is likely to receive approval for...
Posted: over 4 years ago
Posted: over 4 years ago
Contship Eyes Opportunities in Asia
Italy’s La Spezia Container Terminal, owned by Contship Italia Group, is to visit Ningbo and Q...
Posted: over 4 years ago
Posted: over 4 years ago
Mounting Concern over Lack of Orders in South Korea
South Korea’s top three shipbuilders, Hyundai Heavy Industries, Daewoo Shipbuilding & Mari...
Posted: over 4 years ago
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Posted: over 4 years ago
South Korea’s Biggest Shipbuilders Still in the Lead
Despite the historically low level of newbuilding orders seen in 2015, and a continued weak ordering...
Posted: over 4 years ago
Posted: over 4 years ago
South Korea’s FTC imposes $306 mln penalty for LNG bid fixing
South Korea’s Fair Trade Commission on Tuesday imposed a combined fine of KRW351.6 billion (US...
Posted: over 4 years ago
Posted: over 4 years ago
Korea Talks International Wind Tech Certification
South Korean Agency for Technology and Standards (KATS) is hosting meetings on Jeju Island this week...
Posted: over 4 years ago
Posted: over 4 years ago
Korea Talks International Wind Tech Certification
South Korean Agency for Technology and Standards (KATS) is hosting meetings on Jeju Island this week...
Posted: over 4 years ago
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