shipping alliance

South Korea’s top mobile carrier SK Telecom Co. and its spin-off investment firm SK Square Co. joined hands with Europe’s largest teleco...

Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...

A liquefied natural gas (LNG) carrier with autonomous sailing systems will embark on an ocean voyage next month to become the world's first large au...

South Korea's Samsung Heavy Industries Co. has sold its four undelivered drillships to a domestic private equity fund for a combined 1.04 trillion w...

South Korea’s shipbuilders targeted demand for new vessels and ship modification as tougher environmental regulations are scheduled to take ef...

The ongoing war in Ukraine and tougher emission standards are creating a new market for shipbuilders: converting aged liquefied natural gas (LNG) ca...

International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...

South Korea’s Hyundai Heavy Industries Holdings Co. targets Saudi Arabia’s project for new escort ships worth up to $2.5 billion. The wo...

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

LG AI Research unveiled an alliance network consisting of 13 corporations and organizations based in South Korea and abroad on Tuesday. There a...

South Korea's biopharmaceutical company Celltrion Inc. and diagnostic kit manufacturer Humasis Co. have signed contracts to supply their jointly-dev...

The world’s two largest shipbuilders Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering Co. are battling it out t...

South Korea's leading telecom operator KT Corp. has entered into a strategic alliance with the country's No. 2 lender Shinhan Bank, involving a $370...

South Korea’s third-largest chaebol, SK Group, announced its plans to launch a consultative body to create synergy among its three subsidiar...

Korea Shipbuilding & Offshore Engineering Co. (KSOE), Hyundai Heavy Industries Group’s intermediate holding company, has kicked off 2022 w...

Hyundai Heavy Industries Group, the world’s largest shipbuilder, is set to showcase its latest and next-generation mobility technology related...

South Korea’s three major shipbuilders have swept global orders for LNG carriers, more profitable than oil tankers and container ships, amid s...

South Korea’s pharmaceutical giant Celltrion Inc. is set to export its COVID-19 treatment Regkirona to Europe by the end of this year as it se...

Samsung Heavy Industries Co. last month successfully completed a sea trial of its self-operating vessel technology, which enables two autonomous shi...

South Korea’s merchant liner SM Line Corp. is set to become a publicly-traded company in November. SM Line has submitted its securities regist...

Hanjin Heavy Industries & Construction Co. said on Tuesday it has won a $270 million deal to build four 5,500 TEU container ships for a European...

Brookfield Asset Management Inc. will name Jun Park, a top manager of Seoul-based private equity firm Hahn & Co., as the new head of its South K...

A speedy approval by South Korea’s top antitrust regulator of the proposed merger of Korean Air Lines Co. (KAL) and its local rival Asiana Air...

South Korea’s Hyundai Glovis Co. has inked a deal with global commodities trader Trafigura to transport gas and ammonia as part of its longer-...

Hyundai Heavy Industries Co. plans to spend 70% of the proceeds from its initial public offering on the Korea Exchange, or about 760 billion won ($6...

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said on Tuesday it has won a 1.65 trillion won ($1.42 billion) order to build eight methano...

South Korea's electronics and auto industries, the two main pillars of Asia’s fourth-largest economy, are losing growth momentum. Demand is sl...

Samsung Heavy Industries obtained a certificate for its basic design to revamp a liquefied natural gas (LNG) or diesel-powered crude tanker into an ...

South Korea’s leading hydrogen tank maker Iljin Hysolus Co. will be listed on Kospi on Sept. 3, according to the company’s IPO briefing ...