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 ...

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

Samsung Heavy Industries 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
Posted: over 4 years ago

DSME Workers Vote for Walkout

The unionized workers at the financially troubled South Korean shipbuilder Daewoo Shipbuilding &...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

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

Categories:
  • Infrastructure
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

Categories:
  • Business & Finance
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...

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

Categories:
  • Business & Finance
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...

Categories:
  • Authorities & Government
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...

Categories:
  • Authorities & Government
Posted: over 4 years ago