shipping alliance

Hanjin Transportation, a logistics and B2B/B2C delivery business subsidiary of South Korea’s Hanjin Group, has launched Hoot Town, a global co...

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...

Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg Maritime AS, a Norw...

South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...

South Korea’s three largest tire makers are raising product prices despite their weak sales in anticipation of an imminent market rebound amid...

South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...

BARCELONA -- SK Telecom Co. plans to develop world-class artificial intelligence technology through partnerships with companies of Korean descent at...

Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD Hyundai Co., on Sunda...

South Korea's Hanwha Group will acquire ship engine maker HSD Engine in a move to shore up its shipbuilding unit following the conglomerate's takeov...

The Korea Display Industry Association (KDIA) on Wednesday signed a memorandum of understanding (MOU) on a convergence alliance of the domestic exte...

South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...

South Korea’s sea flag carrier HMM Co. is expected to suffer an over-80% plunge in operating profit this year due to a downward spiral in cont...

South Korea's Lotte Chemical Corp. has joined forces with German energy company RWE and Japan's Mitsubishi Corporation to create a global consortium...

Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million) deal to build two ...

South Korea's transportation company Kakao Mobility on Monday said it concluded a "delivery service business agreement for joint development of the ...

Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it has formed a strategi...

Cruise ship visits to Busan Port, which was suspended after COVID-19, will resume after three years.The Busan Port Authority said Friday that cruise...

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...

LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...

South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...

Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...

Korea Shipbuilding & Offshore Engineering Co., the shipbuilding holding company of the Hyundai Heavy Industries Group, said on Thursday that it ...

South Korea's Samsung Heavy Industries Co. announced the successful development of a cyber-security solution for autonomous ships using blockchain t...

Hana Bank said on Friday that it signed a strategic memorandum of understanding (MOU) with Toss Securities for 24-hour foreign exchange trading at t...

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...

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...

Korea Shipbuilding & Offshore Engineering (KSOE), the holding company of the world’s top shipbuilder Hyundai Heavy Industries Group, said ...

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...

South Korean President Yoon Suk-yeol is set to lead the National Space Council, the country’s top control tower for space development, in a bi...