container shipping
Scope
Date
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Shipping & Shipbuilding
HMM embarks on biofuel ship pilot testing on global route
South Korea has begun a pilot operation of a biofuel-powered container ship on a global route, the government said on Friday. HMM Co.'s container sh...
Sep 15, 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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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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Chemical Industry
SK Chemicals wins APR certification for five recyclable materials
South Korea's SK Chemicals announced on Tuesday that five of its recyclable materials, which are used for packaging in the cosmetic, food, and bever...
Aug 29, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
A ship with AI engineers, deckhands?: HD KSOE makes it a reality
Artificial intelligence (AI) is now on everyone’s lips, and the shipping and shipbuilding industries are no exception to this global phenome...
Aug 24, 2023 (Gmt+09:00)
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Mergers & Acquisitions
LX Group may bid for container line HMM in four-way race
South Korea’s logistics-to-trading conglomerate LX Group is expected to join the race for the country’s No. 1 shipping company HMM Co. i...
Aug 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Samho sees bumper 2023 as ship orders pile up
Yeongam, South Jeolla Province -- On Aug. 14, workers at Hyundai Samho Heavy Industries Co.'s shipyard were meticulously inspecting the cargo hold o...
Aug 17, 2023 (Gmt+09:00)
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ESG
HMM wins top ESG rating among global shipping companies
South Korea’s No. 1 container transportation and shipping service HMM Co. has secured the premier position in global shipping for its environm...
Aug 17, 2023 (Gmt+09:00)
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Travel & Leisure
Staying 5 hours on cruise ship in Busan raises sales 30%: study
With the resumption of international cruise ship travel to South Korea, domestic credit card company BC Card says daily sales in commercial district...
Aug 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Nomura says new shipbuilding orders peaked; Korean firms refute
Nomura Securities recently said global new shipbuilding orders likely peaked in 2022, slashing its stock recommendation rating on industry leader HD...
Aug 15, 2023 (Gmt+09:00)
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Electronics
LG Electronics cuts H1 costs by $1.6 billion on stable supply chain
LG Electronics Inc. has slashed raw material and transportation costs by 2.12 trillion won ($1.6 billion) in the first half thanks to a stable sup...
Aug 14, 2023 (Gmt+09:00)
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Travel & Leisure
Cruise ship from China to visit S.Korea's Jeju Island on Aug. 31
Reservations for cruise ships visiting South Korea's Jeju Island are flooding in amid China's resumption of all group tours to its neighboring cou...
Aug 14, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix ships DRAM with world’s largest capacity to Oppo
SK Hynix Inc., the world’s second-largest memory chipmaker, supplied DRAM chips with the industry’s largest capacity for mobile devices ...
Aug 11, 2023 (Gmt+09:00)
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Logistics
Hyundai Glovis to secure additional 12 car transport vessels by 2025
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, plans to secure an additional 12 vehicle transport vessels by 202...
Aug 09, 2023 (Gmt+09:00)
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Logistics
CJ Logistics teams up with world’s No. 7 shipping company ONE
South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...
Aug 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Aerospace ventures into eco-friendly ship market
South Korea's Hanwha Aerospace Co. announced on Thursday that it has completed the development of a megawatt-hour (MWh) energy storage system (ESS)....
Aug 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's SM buys shipping line HMM shares ahead of bidding
South Korea’s SM Group has increased its ownership in HMM Co., the country’s top container shipping line. The 30th-largest conglomerate ...
Aug 02, 2023 (Gmt+09:00)
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Carbon neutrality
Nearly all HMM ships meet int'l CO2 rules
South Korea’s No. 1 container transportation and shipping service HMM Co., Ltd on Monday said the Carbon Intensity Indicator (CII), which meas...
Jul 25, 2023 (Gmt+09:00)
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Retail
Alibaba launches express ships to S.Korea as orders surge
Alibaba.com, China’s largest online marketplace, launched an express cargo ship service between South Korea and China this week to meet a surg...
Jul 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SM Group to buy HMM but not for over $3.5 bn: SM Chair Woo
SM Group has enough financial ammunition to buy the country’s No. 1 container shipping line HMM Co. but would not join the bid for the latter&...
Jul 19, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy in $3.1 bn methanol-powered ship deal with Evergreen
Samsung Heavy Industries Co., a leading South Korean shipbuilder, has won a 3.96 trillion won ($3.13 billion) deal to build 16 methanol-powered cont...
Jul 17, 2023 (Gmt+09:00)
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Beauty & Cosmetics
TPG to fully acquire cosmetics container firm Samhwa at around $237 mn
Texas-based private equity firm TPG Inc. is poised to fully acquire Samhwa Co., a South Korean cosmetic packaging supplier to global beauty powerhou...
Jul 14, 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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Petrochemicals
S.Korea’s petrochemical players boost plastic container recycling
South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics...
Jul 12, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries captures ship's underwater noise
South Korean shipbuilder Samsung Heavy Industries revealed on Tuesday that it has attained cutting-edge technology enabling the precise analysis of ...
Jul 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries succeeds autonomous vessel navigation
South Korean shipbuilder Samsung Heavy Industries said on Thursday it had successfully demonstrated autonomous vessel navigation from South Korea to...
Jul 06, 2023 (Gmt+09:00)
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ESG
Hyundai Glovis to support removal of marine debris
South Korea's leading logistics company Hyundai Glovis Co. announced on Thursday that it has joined forces with The Ocean Cleanup, a global environm...
Jul 06, 2023 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy Industries starts building next-gen Aegis-equipped ship
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., has embarked on the full-scale construction of the next...
Jul 04, 2023 (Gmt+09:00)
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Chemical Industry
Noroo Paint unveils biodegradable plastic container
South Korea’s Noroo Paint on Wednesday said it developed an eco-friendly plastic container capable of oxidative biodegradation for its main pr...
Jun 29, 2023 (Gmt+09:00)
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