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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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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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