South Korea
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Asia
Pan Ocean back at New Times for more bulkers
South Korea’s Pan Ocean, in the midst of a significant fleet rejuvenation programme, has eschewed local shipbuilders and headed to…
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Asia
Samsung Heavy considers compulsory leave plan for employees
South Korean shipbuilding major Samsung Heavy Industries is considering a compulsory unpaid leave plan for its employees amid the ongoing…
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Asia
HMM jettisons Hyundai heritage in rebrand
South Korean shipping major Hyundai Merchant Marine (HMM) is now undergoing a rebranding process which will change the company’s official…
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Asia
Sinokor back in China for more newcastlemaxes
Sinokor Merchant Marine has gone to Shanghai Waigaoqiao for a pair of newcastlemaxes. The order comes with options for two…
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Americas
Delos Shipping orders 12 VLECs at Korean yards
US shipping investment firm Delos Shipping has placed orders at two Korean yards for the construction of a total of…
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Asia
Korea Ocean Business Corporation to support ten domestic lines
Korea Ocean Business Corporation (KOBC), the newly established state-backed entity aimed at supporting the domestic shipping and shipbuilding industry, has…
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Asia
HMM signs up with NYSHEX
South Korea’s Hyundai Merchant Marine (HMM) has become the sixth containerline to sign up to the fast growing freight platform,…
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Asia
Marinakis orders LNG carrier quartet at Hyundai Heavy
South Korean shipbuilder Hyundai Heavy Industries (HHI) has announced that it has secured a contract from newly formed Evangelos Marinakis-led…
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Asia
H-Line orders LNG-powered capes
In an all South Korean newbuild deal, local owner H-Line has gone to Hyundai Heavy Industries for a pair of…
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Asia
South Korean shipbuilders call on steel producers to freeze plate prices
The Korea Offshore & Shipbuilding Association (KOSHIPA) today released a statement calling on domestic steel producers to keep the prices…
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Asia
Hyundai Mipo secures tanker order from OSG
South Korean yard Hyundai Mipo Dockyard has secured a newbuilding order from US owner Overseas Shipholding Group (OSG) for the…
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Asia
Hyundai Heavy hit by worker strike as lack of orders bites
Some 300 workers at South Korean yard Hyundai Heavy Industries (HHI) staged a partial strike today as a result of…
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Asia
Seatankers orders debut LNG carrier at DSME
John Fredriksen’s Seatankers Management has placed an order at South Korean yard Daewoo Shipbuilding and Marine Engineering (DSME) for the…
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Asia
Korea Ocean Business Corporation officially launched
The Korea Ocean Business Corporation (KOBC), a state-run entity aimed at supporting the local shipping and shipbuilding industry, has been…
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Asia
KTB Asset Management funds three Teekay tankers
South Korea’s private equity firm KTB Asset Management has today launched a fund worth around $30m to invest in three…
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Europe
Empire Navigation adds up to 8 product tankers at Hyundai Mipo
Busy Hyundai Mipo Dockyard is celebrating a banner few weeks of orders now filling out available dock space well into…
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Asia
Nissen Kaiun in for four Mipo feeder boxships
South Korea’s Hyundai Mipo Dockyard looks to have finally closed out its available berths for next year. Japan’s Nissen Kaiun,…
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Asia
Japan looks to the WTO to fix shipbuilding row with South Korea
Not for the first time Japan is contemplating turning towards the World Trade Organization (WTO) to resolve a longstanding bitter…
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Asia
Korea Shipping Corporation orders bulker pair at Dae Sun Shipbuilding
Korea Shipping Corporation has signed shipbuilding contract with domestic yard ordered Dae Sun Shipbuilding for the construction of two 19,500…
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Gas
Temile orders LPG carrier at Hyundai Mipo
Temile Development, a Nigerian engineering and transportation company, has placed an order at South Korea’s Hyundai Mipo Dockyard for the…
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