Hanwha Aerospace plans record $2.5 bn rights offering for plant expansion

Hanwha Aerospace Co., a leading South Korean defense company, said on Thursday it is raising 3.6 trillion won ($2.5 billion) in new capital through ...

Hanwha Ocean wins $51.2 mn deal for two LNG carriers

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, secured a new contract to build two LNG carriers, making it the domestic shipyard w...

Hyundai Glovis adopts system to meet US' green policies on car carriers

Hyundai Glovis Co., the world’s third-largest car shipping company, is set to introduce an emission reduction system for its vehicle carriers ...

HD Hyundai, Shell to develop liquefied hydrogen carrier

HD Hyundai Co., a South Korean shipbuilding and machinery conglomerate, announced on Friday that it will collaborate with global energy compa...

HMM enhances maritime safety with AI technology

HMM Co., South Korea’s leading sea carrier, announced on Friday its adoption of an advanced AI image analysis solution 'Deep Eyes', aimed at b...

HD Hyundai launches world's first mega methanol-fueled container

South Korean shipbuilding giant HD Hyundai Co. marked a major milestone in the maritime industry on January 28, christening the world's first mega m...

Samsung Heavy to expand maritime business with CCS

South Korean shipbuilder Samsung Heavy Industries announced on Thursday that it has secured Approval In Principle from a Norwegian classification so...

CJ Logistics teams up with world’s No. 7 shipping company ONE

South Korea's largest parcel delivery service CJ Logistics on Thursday said it signed a strategic partnership deal with Japan’s Ocean Network ...

SK Telecom displays cutting-edge network tech for smart battleships

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

HD Hyundai Heavy Industries unveils homegrown sea vessels

South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...

Samsung Heavy partners with Kongsberg Maritime for autonomous ships

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

S.Korea's fisheries ministry to transfer tech on Napoleon fish to SE Asia

South Korea's Ministry of Oceans and Fisheries will transfer technology to Indonesia on farming the tropical Napoleon fish and reduce sea pollution ...

LIG Nex1 signs maritime surveillance radar-II defense contract

LIG Nex1 Co. said on Friday that it has signed an agreement with the Naval Logistics Command for the Maritime Surveillance Radar-II project, which w...

Hylium, KRISO, POSCO receive initial approval for liquid hydrogen storage tanks

Hylium Industries Inc. announced Wednesday that it has been granted an approval in principle (AIP) by the Korean Register for two types of jointly d...