landing ships
Scope
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Bio & Pharma
Celltrion Healthcare lands biosimilar deal in Brazil for 2nd straight year
South Korea's Celltrion Healthcare Co. on Tuesday said that for the second straight year, it landed an order for infliximab, an antibody used to tre...
Jan 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Pan Ocean to transport energy products for Portugal's Galp
Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
HD Hyundai to boost offshore wind power, future ships, CEO says
LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...
Jan 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Privatization of Korea’s top container line HMM to gain traction
South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...
Jan 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Korea’s 1st moon probe Danuri enters lunar orbit; world’s 7th mission
South Korea on Wednesday became the world’s seventh country to send a lunar orbiter to the moon, joining other advanced countries in a heated ...
Dec 28, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy Industries lands $1.5 bn deal for offshore plant order
South Korean shipbuilder Samsung Heavy Industries has bagged a $1.5 billion order to build an offshore plant from an Asian shipper, the company reve...
Dec 23, 2022 (Gmt+09:00)
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Energy
Hyundai Heavy Industries Group develops dual LNG-hydrogen engine
Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...
Dec 23, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE signs agreement with Omani company to build 2 LNG carriers
Korea Shipbuilding & Offshore Engineering Co., the shipbuilding holding company of the Hyundai Heavy Industries Group, said on Thursday that it ...
Dec 22, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems to build network to share land, sea, air target info
South Korea's Hanwha Systems Co. will start domestic research and development of new tactical data links used by member countries of the North Atlan...
Dec 20, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy obtains blockchain security certificate
South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ships using blockchain t...
Dec 16, 2022 (Gmt+09:00)
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Real estate
Shinsegae chairwoman maintains most expensive house in Korea
South Korean retail giant Shinsegae Group Chairwoman Lee Myung-hee has maintained the most expensive house for an eighth straight year in South Kore...
Dec 14, 2022 (Gmt+09:00)
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Logistics
CJ Logistics expands global e-commerce shipping services
South Korea’s CJ Logistics Corp. is ramping up its cross-border e-commerce (CBE) businesses as its local rival Coupang Inc. is increasing domi...
Dec 14, 2022 (Gmt+09:00)
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Companies
Pan Ocean buys 5% of Hanjin KAL from Hoban Construction
Pan Ocean Co., the shipping affiliate of Harim Group, on Tuesday said it bought a 5% stake or 3.3 million shares in Hanjin KAL Corp. in a block deal...
Dec 07, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilder KSOE wins $308 million order for 2 ethane carriers
Korea Shipbuilding & Offshore Engineering (KSOE), the holding company of the world’s top shipbuilder Hyundai Heavy Industries Group, said ...
Dec 02, 2022 (Gmt+09:00)
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Food & Beverage
Jeju Samdasoo enters India, ships 45 tons of mineral water
South Korea’s leading bottled mineral water brand Jeju Samdasoo has begun exports to India, shipping 45 tons of the water there from the resor...
Dec 01, 2022 (Gmt+09:00)
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Construction
HanmiGlobal lands series of orders from Saudi's Neom city project
HanmiGlobal Co. on Monday said it has earned contracts for the construction and development of Neom, the urban development project seeking to build ...
Nov 28, 2022 (Gmt+09:00)
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Samsung Group
Samsung Heavy succeeds in autonomous navigation system demonstration
Samsung Heavy Industries Co. announced on Thursday that it successfully completed the demonstration of its autonomous navigation capabilities in the...
Nov 24, 2022 (Gmt+09:00)
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Waste management
BKT thrives as lone Korean wastewater treatment provider in US
South Korean water treatment provider Bukang Tech(BKT) on Wednesday said it earned a contract to build a wastewater treatment facility in the US sta...
Nov 18, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea, US to work on Busan-Seattle green cargo shipping corridor
South Korea and the US are looking to create a green cargo shipping corridor linking the port of Busan with the ports of Seattle and Tacoma as part ...
Nov 16, 2022 (Gmt+09:00)
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Logistics
Hyundai Glovis signs $796 million shipping deal with global automaker
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, said on Friday it has clinched a 1.05 trillion won ($796 million)...
Nov 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy develops liquefied hydrogen fuel cell system
Samsung Heavy Industries has succeeded in developing a liquefied hydrogen fuel cell system for use in marine propulsion. The electric power is ...
Nov 09, 2022 (Gmt+09:00)
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Korean chipmakers
SK Hynix starts shipping low-power, high-efficiency LPDDR5X chips
SK Hynix Inc., the world’s second-largest memory chipmaker, said on Wednesday it has begun selling low-power, high-efficiency DRAM chips calle...
Nov 09, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korea's Daewoo Shipbuilding earns $10 billion in orders this year
Daewoo Shipbuilding and Marine Engineering (DSME) has earned $10 billion in orders for the second straight year.The company on Tuesday said Maran Ga...
Nov 09, 2022 (Gmt+09:00)
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RFPs
Korean Presbyterian pension to tap GPs for alternative assets, equity
Pension Foundation of Presbyterian Church of Korea (PCK Pension), a South Korean retirement plan for pastors and churches, is poised to hire several...
Oct 13, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders regain top post, to profit from higher ship prices
South Korea’s three major shipbuilders have regained the world’s No. 1 title in terms of ship orders and are expected to swing to profit...
Oct 09, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE in $1.5 billion shipbuilding deals with Maersk, Excelerate Energy
Korea Shipbuilding & Offshore Engineering Co. said on Wednesday it has clinched a 1.62 trillion won ($1.15 billion) order to build six methanol-...
Oct 05, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo, Samsung bag $2.3 bn LNG ship order
Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. secured LNG ship orders worth a combined 3.2 trillion won ($2.3 bi...
Sep 06, 2022 (Gmt+09:00)
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Economy
Shipyards, TV plants to shut down as typhoon lands on Korea
The world’s two largest shipbuilders Hyundai Heavy Industries Co. and Daewoo Shipbuilding & Marine Engineering Co., decided to shut down t...
Sep 05, 2022 (Gmt+09:00)
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Food & Beverage
Drones, AI, big data power Korean fisheries’ earnings
The Jubilee, a 2,200-ton tuna fishing vessel operated by South Korea’s leading fishing company Dongwon Industries Co., has been using drones t...
Aug 17, 2022 (Gmt+09:00)
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Automobiles
Hyundai Motor Co. to ship 27 hydrogen Xcient trucks to 7 firms in Germany
Hyundai Motor Co. is poised to ship 27 of its Xcient Fuel Cell hydrogen trucks to seven German companies by the year’s end, following a simila...
Aug 02, 2022 (Gmt+09:00)
Latest News
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