South Korea
-
Asia
Solvang orders ethylene carriers
Solvang and partners have today signed a letter of intent with South Korea’s Hyundai Mipo Dockyard for the construction of…
Read More » -
Asia
HMM secures more Hanjin terminals
A day before Hanjin Shipping is expected to be declared bankrupt by a court in Seoul compatriot Hyundai Merchant Marine…
Read More » -
Asia
Samsung C&T orders four deck carriers at Hubei Offshore Engineering
South Korea’s Samsung C&T has signed shipbuilding contracts with Hubei Offshore Engineering Equipment, a unit of Wuchang Shipbuilding Industry, for…
Read More » -
Asia
SM Line will deploy just one transpacific string from next month
Brand new liner firm SM Line from South Korea is scaling back on its transpacific foray. SM Line had planned…
Read More » -
Asia
HMM says it is in discussions with Walmart as Hanjin replacement
The head of Hyundai Merchant Marine (HMM) has moved to scotch rumours circulating in local Korean media that American retail…
Read More » -
Asia
HMM readies orders as $632m state windfall lands
Hyundai Merchant Marine (HMM), South Korea’s flagship carrier, is about to receive a massive KRW720bn ($632m) in state funds to…
Read More » -
Americas
Excelerate signs for up to seven Daewoo FSRUs
Excelerate Energy has provided a much needed vote of confidence to Korean shipbuilding major, Daewoo Shipbuildng & Marine Engineering (DSME),…
Read More » -
Asia
Rump of the Hanjin fleet up for sale pending bankruptcy announcement
Ahead of its likely bankruptcy announcement the rump of the once mighty Hanjin Shipping empire is being sold off. Lead…
Read More » -
Asia
HMM readies orders
Hyundai Merchant Marine (HMM) is likely to remain in the red through until the second half of next year, its…
Read More » -
Asia
Turkish consortium add to Hyundai Heavy’s FSRU tally
2017 is proving a whole lot better for the world’s largest shipbuilder after 2016, the worst year in a generation.…
Read More » -
Asia
Hanjin to be declared bankrupt on February 17
February 17 is likely to mark the end of what was once of the most high profile brands in container…
Read More » -
Americas
MSC and HMM complete takeover of Hanjin’s US terminals
Terminal Investment Limited (TIL), a subsidiary of Mediterranean Shipping Company (MSC), today confirmed the acquisition of Hanjin’s interests in Total…
Read More » -
Americas
Hanjin Group drawn into US bankruptcy proceedings
Hanjin Group risks being drawn into the US bankruptcy proceedings of subsidiary Hanjin Shipping. The New York Shipping Association-International Longshoremen’s…
Read More » -
Asia
Seoul warns of more hardships as it tables $5.57bn of more maritime subsidies
The South Korean government offered both carrots and sticks to the local maritime community yesterday, suggesting there will plenty more…
Read More » -
Asia
HMM set for $515m boost from new government fund
South Korea’s Hyundai Merchant Marine (HMM) is set to be the first beneficiary of funds from the country’s new Korea…
Read More » -
Asia
SM Line adds another ship to fast growing fleet
SM Line, the world’s newest containerline, continues its rapid fleet buildup. The South Korean company, an affiliate of Samra Midas…
Read More » -
Asia
HMM to take 20% stake in Seattle and Long Beach terminals
South Korea’s Hyundai Merchant Marine (HMM) has announced that it has decided to buy a 20% in a terminals in…
Read More » -
Asia
Hyundai Heavy and Samsung Heavy win patent lawsuit against DSME
South Korea’s Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) have won a lawsuit they filed against Daewoo Shipbuilding…
Read More » -
Americas
US judge approves Hanjin Shipping terminal sale
A US federal bankruptcy judge on Wednesday approved the sale by Hanjin Shipping of its stake in terminal operator Total…
Read More » -
Europe
Hoegh LNG in FSRU frenzy
Hoegh LNG has initiated massive fleet expansion, signing up for one firm FSRU and three options with Samsung Heavy Industries…
Read More »