shipping alliance
Scope
Date
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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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Automobiles
Genesis GV80 to come with LG’s OLED auto display in close tie-up
Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...
Jul 03, 2023 (Gmt+09:00)
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Banking & Finance
Hyundai Card, Visa form global data alliance
South Korea’s Hyundai Card has launched a data analysis business with Visa. Hyundai Card on Monday said it formed a strategic business partner...
Jun 27, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO-led consortium signs 47-yr Oman green hydrogen project
A consortium led by POSCO Holdings Inc. and Samsung Engineering Co. has signed a 47-year contract with Oman worth an estimated $7 billion-$8 billion...
Jun 22, 2023 (Gmt+09:00)
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Business & Politics
SK supports memorial monument honoring Korean War figures
South Korea's SK Group announced on Thursday its support for the construction of a memorial monument honoring the late Colonel William E. Weber and ...
Jun 22, 2023 (Gmt+09:00)
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Economy
Monthly exports set for growth in June for 1st time in 10 months
South Korea’s exports in the first 20 days of June rose from a year earlier, seeing growth in the period for the first time since last August....
Jun 21, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea's shipyards get OK from shipping companies to delay vessel delivery
South Korean shipbuilders are breathing a sigh of relief despite the postponed delivery of their container ships due to a chronic shortage of domest...
Jun 19, 2023 (Gmt+09:00)
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Logistics
CJ Logistics, Evergreen sign agreement for logistics cooperation
South Korea's CJ Logistics has entered into mutual cooperation with the Taiwan-based global shipping company Evergreen Marine Corporation for the ...
Jun 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE gauges carbon emitted over LNG ship's lifespan
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., is calculating the carb...
Jun 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Glonet: A case of Korea's logistics David vs Japan’s shipping Goliath
TOKYO – Glonet Co. is a novice logistics company hardly known in Japan’s time-honored shipping industry.The small South Korean shipping ...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to supply new Exynos auto chip to Hyundai in close tie-up
Samsung Electronics Co., the world’s largest memory chipmaker, said on Wednesday it will supply one of its latest automotive chips to Hyundai ...
Jun 07, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Heavy Industries unveils homegrown sea vessels
South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...
Jun 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE secures $938 mn contract for 5 LNG-powered container ships
HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate shipbuilding holding company of HD Hyundai Co., said on Thursday that i...
Jun 01, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy starts to construct ammonia test facility
South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has commenced the construction of an ammonia test facility at ...
Jun 01, 2023 (Gmt+09:00)
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Energy
Doosan Enerbility joins global fusion project ITER
South Korea’s Doosan Enerbility Co. will supply pressurizers to the global fusion project International Thermal Experimental Reactor (ITER) ...
May 30, 2023 (Gmt+09:00)
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Business & Politics
Samsung’s Jay Y. Lee, Tesla’s Elon Musk discuss tech alliance
Samsung Group leader Lee Jay-yong has met with Tesla Inc. Chief Executive Elon Musk to discuss a tech alliance between the two companies in a variet...
May 14, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
POSCO Int'l to directly operate LNG-dedicated carrier
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., ...
May 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s four firms to develop domestic tech for carbon capture
South Korea's shipbuilding and shipping companies, including HMM Co., Samsung Heavy Industries, marine equipment manufacturer Panasia and the ship i...
Apr 28, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea’s HD KSOE, Samsung Heavy post surplus amid order rally
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries (SHI) posted good performance in the firs...
Apr 28, 2023 (Gmt+09:00)
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Business & Politics
Seoul zeroes in on high tech for US business alliance
South Korean President Yoon Suk Yeol is off to a smooth start on his six-day state visit to the US this week, which is expected to pave the way for ...
Apr 26, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
Apr 21, 2023 (Gmt+09:00)
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Business & Politics
S.Korea’s five major companies form data network alliance
South Korea's five major companies have joined forces to make a combined data product that consolidates their respective information, ranging from c...
Apr 19, 2023 (Gmt+09:00)
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Carbon neutrality
HMM reduces CO2 emission more than half in last 10 years
South Korea's No. 1 container line HMM Co. announced on Wednesday that it has achieved a remarkable 57.7% reduction in carbon dioxide emissions duri...
Apr 12, 2023 (Gmt+09:00)
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Korean food
S.Korea strikes deal with Ecuador to export pears
South Korea's Animal and Plant Quarantine Agency announced on Thursday that after 10 years of negotiations, the country has secured a deal with Ecua...
Apr 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders yield No.1 spot to Chinese rivals in March
Korean shipbuilders were outstripped by China in shipbuilding orders and backlogs last month, according to UK-based shipping industry specialist Cla...
Apr 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korea to allow actual construction of hydrogen-powered ship
South Korea's the Ministry of Oceans and Fisheries announced on Wednesday that it has established "tentative standards for ship hydrogen fuel cell e...
Apr 05, 2023 (Gmt+09:00)
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Logistics
Falling freight rates set to boost LG, Hyundai’s earnings
The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...
Apr 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Autoever, Avikus jointly develop self-sailing ship solution
South Korea’s Hyundai Autoever and Avicus, the self-navigation vessel affiliate of HD Hyundai, on Tuesday said they signed a development contr...
Apr 05, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech
South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...
Apr 04, 2023 (Gmt+09:00)
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Korean chipmakers
TSMC-Nvidia alliance step up 2 nm chip rivalry with Samsung
TSMC Co. appears to be at the forefront of efforts to produce ultra-advanced semiconductor chips as the world's largest contract chip manufacturer i...
Mar 29, 2023 (Gmt+09:00)
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