ammonia carriers
Scope
Date
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Tech, Media & Telecom
LG Uplus invests $7.4 mn in S.Korean edu-tech startup
South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in...
Sep 27, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air may give up Asiana’s cargo business, 4 routes for EU approval
Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...
Sep 25, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...
Sep 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops laser high-speed welding robot for LNG vessels
South Korea's Samsung Heavy Industries said on Thursday that it has developed the maritime sector's first laser high-speed welding robot, aimed at s...
Sep 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Woori, HMM, KOBC to buy bulk carrier operator Polaris
South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 billion won ($447.5 million) to Woori Priva...
Sep 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy, Pan Ocean to co-develop digital solutions
South Korea's Samsung Heavy Industries announced on Tuesday that it has signed a memorandum of understanding (MOU) with Pan Ocean Co., the country's...
Sep 19, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO seeks partnership with CF Industries to produce blue ammonia
South Korea’s POSCO Holdings Inc. is seeking to produce blue ammonia in partnership with CF Industries Holdings Inc., the world’s larges...
Sep 14, 2023 (Gmt+09:00)
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Real estate
Hanjin KAL to sell off its Waikiki Resort Hotel at $108 mn
South Korea’s Hanjin KAL Corp. will sell the assets owned by its Hawaii-based subsidiary Waikiki Resort Hotel Inc. to US company AHI-CLG LLC a...
Sep 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Qualcomm, Samsung execute tech to improve 5G performance
Qualcomm Inc., the leading global mobile chip maker, and Samsung Electronics Co., the world’s second-largest smartphone manufacturer, have suc...
Sep 08, 2023 (Gmt+09:00)
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Energy
Doosan seeks to fuel Indonesia power plants with green ammonia
Doosan Enerbility Co., a South Korea construction equipment manufacturer, said on Friday it has signed a memorandum of understanding (MOU) with Indo...
Sep 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE to build world's largest ammonia carriers
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE), the intermediate holding company of HD Hyundai Heavy Industries, is set to become the f...
Sep 07, 2023 (Gmt+09:00)
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Airlines
S.Korea's airline industry waging fierce price war in fall
South Korea's airline sector is meeting high travel demand during the extended Chuseok (Thanksgiving) holidays late this month by aggressively offer...
Sep 05, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to raise car shipping rates amid vehicle carrier shortage
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to raise vehicle shipping rates considering the sharp rise ...
Sep 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Under siege by OTT players, Korean mobile carriers seek higher VOD sales
Once, video-on-demand (VOD) services over internet TV easily generated money for most telecommunications companies in South Korea.Those days are g...
Aug 31, 2023 (Gmt+09:00)
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Airlines
Jeju Air to buy 40 fuel-efficient Boeing passenger planes
South Korea's largest low-cost carrier Jeju Air Co. will buy 40 next-generation passenger planes and lease 10 other new aircraft from Boeing Co. wit...
Aug 16, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...
Aug 11, 2023 (Gmt+09:00)
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Airlines
Budget carriers turn around with highest-ever profits in Q2
South Korea’s low-cost carriers (LCCs) posted their highest-ever quarterly profits on the back of a surge in international travel as the indus...
Aug 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins order for 2 LNG carriers
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Thursday said it landed a deal to build two liquefied natural gas (L...
Aug 04, 2023 (Gmt+09:00)
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Airlines
Korean Air’s operating profit falls to $360 mn in Q2 2023
Korean Air Lines Co.’s operating profit in the second quarter fell over 30% from the same period last year in line with market consensus.Consi...
Aug 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's HD KSOE to buy 35% stake in marine engine maker STX
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines for small-to-mid-siz...
Jul 31, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipbuilders near $9.4 bn in LNG carrier orders from Qatar
South Korea's top three shipbuilders -- HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries -- as early as September wi...
Jul 27, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures order for world's largest liquefied CO2 carrier
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an intermediate subsidiary of HD Hyundai Co., has successfully won a contract to build t...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries gets early jump on green vessel market
South Korea's HD Hyundai Heavy Industries Co. by late next year will develop mid-size engines for ammonia-powered ships using its own technology and...
Jul 19, 2023 (Gmt+09:00)
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Hydrogen economy
E1 to invest $75 mn in Canadian blue ammonia project
South Korea’s major liquefied petroleum gas (LPG) distributor E1 Corp. said on Tuesday its plans of investing 10 million Canadian dollars (US ...
Jul 18, 2023 (Gmt+09:00)
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Hydrogen economy
Doosan Enerbility, Johnson Matthey to develop ammonia cracking tech
South Korea’s power plant builder Doosan Enerbility Co. announced on Monday that it signed an R&D agreement with the UK-based chemical com...
Jul 17, 2023 (Gmt+09:00)
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Hydrogen economy
Korea Zinc ties up with SK, Hanwha for Aussie green ammonia
Korea Zinc Inc., the world’s largest lead and zinc smelter, has joined hands with SK Gas Ltd. and Hanwha Impact Corp. for the green ammonia bu...
Jul 14, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Secondhand LNG carrier prices hit record high; prospects rosy
Prices of secondhand liquefied natural gas (LNG) carriers are flying high, close to new LNG ship prices, amid tighter environmental regulations and ...
Jul 12, 2023 (Gmt+09:00)
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Airlines
Jeju Air becomes 1st S.Korean LCC to surpass 100 mn passenger mark
South Korea's low-cost carrier (LCC) Jeju Air Co. on Sunday said its cumulative number of passengers exceeded 100 million 17 years after the company...
Jul 03, 2023 (Gmt+09:00)
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Artificial intelligence
SK Telecom adds ChatGPT-based services to A Dot
South Korea's SK Telecom Co. announced on Friday that it has completely revamped the user experience (UX) and added ChatT, based on ChatGPT, to allo...
Jun 30, 2023 (Gmt+09:00)
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Energy
Hanwha Impact develops 50% hydrogen gas turbine technology
The Ministry of Trade, Industry and Energy announced on Wednesday that Hanwha Impact Corporation, a South Korean petrochemical manufacturer, has dev...
Jun 22, 2023 (Gmt+09:00)
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