U.S. Will Be Favored as LNG Bunkering Hub

Jonathan Harris; Senior Business Development Manager Puget LNG

Puget LNG's Jonathan Harris believes U.S. will be favored as an LNG bunkering hub.

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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Korea Looking to Boost Its LNG Bunkering Capabilities

LNG fuelled containership

South Korea is launching a project to develop its LNG bunkering technology amid anticipated growth in demand.

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South Korea Reveals 200-Strong Fleet Renewal Plan

Flag of South Korea

South Korea determined on reviving its ailing shipping industry following Hanjin Shipping's demise.

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Alphaliner: Korean Carriers Suspend Another Service

Korea Shipping Partnership (KSP) unveils third round of service rationalizations, Alphaliner writes.

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Denmark, South Korea to Cooperate on E-Navigation

Denmark and South Korea have decided to expand their cooperation to maritime navigation.

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Hyundai Heavy Reports Deeper Loss

South Koran shipbuilder Hyundai Heavy Industries (HHI) ended the fourth quarter of 2017 with a widened net loss.

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Avance Gas' Ship Collides with Anchored Tanker

VLGC Passat collided with the anchored crude oil tanker New Confidence on January 31 off South Korea.

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South Korean Ports See 4.1 Pct More Volume in 2017

South Korean ports' handled 1.57 billion tons of cargo in 2017, 4.1 percent more than the year before.

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HHI Aims to Reach USD 7.5 Bn of Sales in 2018

Hyundai Heavy Industries has set its sights on reaching USD 7.52 billion in sales during 2018.

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Tanker Seized for Suspected Oil Transfer to North Korea

Panama-flagged ship Koti was seized as the vessel is believed to have transferred oil products to North Korea.

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Former DSME, Hanjin Shipping Top Brass Put behind Bars

South Korea is clamping down on behind the scene maneuvering of former maritime executives.

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13 Dead, 2 Missing as Fishing Vessel Sinks off South Korea

At least thirteen people have lost their lives after a fishing boat collided with a tanker and sank off the coast ...

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South Korea to Build World's Largest LNG-Fueled Ship

South Korea intends to launch a pilot project to build a 180,000 gross ton LNG-fueled vessel in an effort to reduce ...

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Korea, Russia Look to Cash In from Northern Sea Route

Russia and Korea are working to bolster their maritime ties, especially as they eye the benefits of shipping ...

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Korea Assigns Up to USD 4.5 Bn for Shipping Corporation

Induced by the deteriorating headwinds in the shipping industry, South Korea is about to establish a corporation ...

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MOL, NYK, Others Breach South Korean Antitrust Law

Japanese shipping company Mitsui O.S.K Lines (MOL) has been found guilty of violating South Korean antitrust law ...

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