Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Stolt Tankers' Unit Hit by Explosion in Port of Ulsan

Stolt Sapphire

The fire following the explosion on Stolt Groenland spread to an adjacent tanker at the port.

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SKTI Signs IMO-Compliant VLSFO Supply Contracts

SK Trading

The South Korean refiner is the latest to join IMO 2020 preparations.

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South Korean Shipbuilders Reign Supreme in New Orders

South Korean Shipbuilding Orders

South Korean shipbuilders will build 24 of 27 LNG carriers ordered in the past 8 months.

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Stellar Daisy Network Demands New Search to Recover 2nd VDR

Stellar Daisy VDR

Result of the initially retrieved VDR, released on July 26, revealed only partial voyage information.

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Seven Armed Pirates Board Bulker near Singapore Strait

CK Bluebell

After the attack, the bulker CK Bluebell resumed its voyage to Incheon, South Korea.

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China, South Korea Hammer Out Ballast Water Exchange Deal

Ballast Water Management

International ships flying ROK or Chinese flags set to benefit.

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South Korea to Inject More Funds in Struggling Shipyards

south korea

South Korea plans to spend USD 60.1 million to support local shipbuilders' recovery efforts.

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Tanker Fire Takes Lives of Two Seafarers off South Korea

Fire aboard tanker off South Korea

Two seafarers lost their lives in a fire aboard an oil tanker off the southern coast of South Korea.

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Qatar Unveils Plan to Order 60 LNG Carriers

LNG Carrier

Qatar plans to order 60 liquefied natural gas carriers.

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South Korean Builders Claim the Throne in 2018

South Korea has reclaimed the crown from China as the top shipbuilding nation in 2018.

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South Korea Contracts Ocean Infinity to Find Stellar Daisy

Bulker

South Korea has hired Ocean Infinity to help in the search for the wreckage of the ill-fated Stellar Daisy.

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ECSA, SEA Europe Welcome EU-S. Korea Talks on Subsidies

EU

 European shipowners and shipbuilders back the talks between the EU and South Korea on state subsidies.

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WTO: EU Wants to Join Japan in Complaint Against Korea

flag

The EU has requested to join Japan in an ongoing complaint against South Korea, WTO said.

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South Korea Unveils Financial Boost for Smaller Shipbuilders

Money

South Korea has prepared a financial boost to help the country's small and mid-sized shipbuilders.

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Japan Complains to WTO about Korean Shipbuilding Support

dsme

Japan has requested WTO dispute consultations with South Korea concerning subsidies for shipbuilders.

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Korea Denies Japan's Claims on WTO Breach

DSME

South Korea and Japan in dispute over shipbuilding subsidies.

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South Korea Largest Long-Distance Importer of US Crude Oil

Tanker

US crude oil exports to China drop to zero for the second month in a row.

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Korea Okays USD 1.2 Bn Boost for Shipping Support Entity

South Korea flag

South Korea approved a KRW 1.35 trillion investment in the recently launched state entity, Korean Ocean Business Corp.

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State Negligence Contributed to Sewol Tragedy, Court Says

Gavel

The South Korean Government also shoulders the responsibility for the Sewol tragedy, court says.

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Korea Maritime Promotion Corporation Set to Go Live

Korean flag

 Korea Maritime Promotion Corporation was officially launched today.

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Korea Designates Several Areas as Industrial Crisis Zones

South Korea designates several areas as industrial crisis zones in an effort to support the ailing shipbuilding industry.

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