Switzerland’s Advantage Tankers has reportedly firmed up another VLCC newbuilding in South Korea as its bet on big tankers ...

Shares ended their four-day winning streak Friday as foreign investors dumped local stocks for profit hunting following the ...

South Korea’s three largest shipbuilders are set to post a combined operating profit of more than 2 trillion won ($1.45 ...

The cable manufacturer for an upcoming offshore wind farm in South Korea has been chosen. LS Marine Solution announced its ...

K Shipbuilding Co., a mid-sized shipbuilder which was previously called STX Offshore & Shipbuilding, has been put up for sale. The selling side expects a valuation of 1 trillion won, based on the ...

Hanwha Ocean floating turbine receives ABS AiP. Find the latest news from the maritime industry on the PortNews website.

ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind ...

SEOUL, July 8 (Yonhap) -- Hanwha Ocean Co., a major South Korean shipbuilder, has secured a contract to provide maintenance, ...

Once a major force in Korea’s auto market, city cars — with engines under 1,000 cubic centimeters and priced around 10 ...

Samsung Heavy Industries has abruptly pulled back from awarding a major LNG modules contract to China Merchants Heavy ...

Hanwha Ocean has been selected as the preferred bidder for an icebreaking research vessel project, led by the Ministry of ...

HD Hyundai is eying a way into the U.S. Navy's maintenance, repair and overhaul business by forging ties with U.S. firms as ...