Overview page containing news articles

South Korea

List of the highlighted articles

Posted: over 4 years ago

EIA: five Asian countries show slight increase in LNG imports

Liquefied natural gas imports into five Asian countries, Japan, South Korea, China, India and Taiwan...

Posted: over 4 years ago
Posted: over 4 years ago

South Korea LNG imports down 15.2 pct in July

Imports of liquefied natural gas (LNG) by South Korea, the world’s second-largest buyer of the chill...

Posted: over 4 years ago
Posted: over 4 years ago

Samsung Heavy Reduces Loss

One of South Korea’s biggest shipbuilders Samsung Heavy Industries reported a net loss of KRW ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

South Korea's Big Three Lose 5,000 Workers

South Korea’s Big Three shipbuilders have cut their joint workforce by some 3,000 workers duri...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Hanjin Shipping to Sell Stake in US Container Terminal?

In an effort to boost its liquidity and reduce its quarterly loss, the South Korean shipping company...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Kogas H1 sales down 2.8 pct

The world’s second-largest buyer of LNG, Kogas said its sales volume dropped 2.8 percent in the firs...

Posted: over 4 years ago
Posted: over 4 years ago

Kogas posts higher sales in July

South Korea’s Kogas, the world’s second-largest buyer of LNG, reported a rise of 15.2 percent in its...

Posted: over 4 years ago
Posted: over 4 years ago

Lawsuits Pile Up against Ailing STX Shipbuilding

South Korea’s financially troubled shipbuilder STX Offshore & Shipbuilding is facing some ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

South Korea’s Ulsan port in LNG bunkering deal

South Korea’s Ulsan port said it is moving towards in its attempt of becoming the country̵...

Posted: over 4 years ago
Posted: over 4 years ago

Court Starts STX Shipbuilding's Rehabilitation Process

Seoul Central District Court launched the corporate turnaround process at the South Korean shipbuild...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

South Korea’s KOMIPO launches LNG cargo tender

Korea Midland Power (KOMIPO), the South Korean power company launched an international tender to pur...

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Worker dies at Hyundai's Ulsan yard

A worker has died in an accident at Hyundai Heavy Industries’ yard in Ulsan, South Korea while worki...

Posted: over 4 years ago
Posted: over 4 years ago

South Korean Shipyard Workers to Go on Joint Strike

Unionized workers at South Korea’s Big Three shipyards – Daewoo Shipbuilding & Marin...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Hanjin Shipping Still in Talks on Charter Rate Cuts

South Korea’s cash-strapped company Hanjin Shipping has still not reached an agreement with shipowne...

Categories:
  • Business & Finance
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Navig8 Product Tankers Adds New LR1 Ship

Shipping company Navig8 Product Tankers, a joint venture between the Navig8 Group and DVB Bank, has ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

DSME's Former CEO Questioned over Accounting Fraud

The former Chief Executive Officer of Daewoo Shipbuilding & Marine Engineering (DSME), Ko Jae-ho...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Fire breaks out at Prelude FLNG construction site

A fire outbreak incident struck a construction site of Shell’s Prelude – the world’...

Categories:
  • Infrastructure
Posted: over 4 years ago
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Hanjin Shipping Negotiating Debt Repayment Delay

Due to a prolonged period of slowdown in the shipping industry, South Korea’s cash-strapped company ...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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

SHI Lays Out Restructuring Plans

South Korea’s Samsung Heavy Industries (SHI) has unveiled details of its self-restructuring pl...

Categories:
  • Business & Finance
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