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The Korean Register (KR), an IACS member classification society celebrates its 60th anniversary on 20 June 2020.To mark the occasion KR has held a commemorative ceremony at the organization’s headquarters in Busan, Korea. However, as a result of the COVID-19 pandemic, the large planned celebration e
MaritimePress
MritimePress
2020.06.22 00:26
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MOF(Minister Moon Seong-Hyeok) announced that it signed “Korea-Vietnam MOU on seafarer training” with Vietnamese Minister of Transport Nguyen Van The on 27 November (Wed), during the 1st K
MaritimePress
Maritime Press
2019.11.28 07:56
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Hyundai LNG Shipping Company (HLS, the Company), South Korean owner of 10 LNG Carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600cbm Very Large Gas Carrier(VLGC)
MaritimePress
Maritime Press
2019.04.18 09:57
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Leading maritime software, services and data analysis provider NAPA has announced that DSME, one of the world’s leading shipyards, has selected 3D model-based NAPA Steel software to streamline d
MaritimePress
Maritime Press
2018.02.06 19:12
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The number of countries involved is staggering and the scope is enormous. In the words of the Chinese premier, Xi Jinping, China’s Belt and Road initiative is the ‘project of the century.&
MaritimePress
Maritime Press
2017.12.13 17:31
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Eye-catching is Korea Tugbusiness Corp (KTC)’s Mutual Aid Project (MAP), now fully off, which it has prepared for long. KTC recently announced that it has obtained a license dated last Sept. 28
MaritimePress
Paul Yoon
2017.11.30 14:56
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SM Line has introduced a new technology of monitoring in real time cargo situation in the US sea services by being linked with satellite and IoT. SM Line said on Nov. 28 that it has introduced a pilot
MaritimePress
Paul Yoon
2017.11.29 10:10
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PanStar Group (chaired by Hyeon-Kyeom Kim), currently running a high-speed cargo ship and international ferry passenger ferry ship service between Korea and Japan, has first sent a high-speed Ro-Ro ca
MaritimePress
Paul Yoon
2017.11.29 10:09
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The first unmanned ship developed purely by Korean technology has been successfully tested on real sea experiment (RSE). MOF (Ministry of Oceans and Fisheries) unveiled that it successfully tested on
MaritimePress
Paul Yoon
2017.11.29 09:01
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As the latest demand for the Arctic survey rapidly grows, it is deemed necessary to construct an icebreaker survey ship dedicated to the Arctic apart from the existing ‘Araon’, it is argue
MaritimePress
Paul Yoon
2017.11.28 19:33
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SM Line, Korean flag ocean-going shipping player, announced that it has obtained the latest ISO certificates for quality, environment, safety and health. SM Line said that it had received on Nov. 24 a
MaritimePress
Paul Yoon
2017.11.28 19:32
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It is important that Busan, the marine capital city representing Korea should build up a win-win network system (WWNS) of chains linking shippers-shipowners-shipbuilders (CLSSS), it is argued. Lee Don
MaritimePress
Paul Yoon
2017.11.24 18:31
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S. Korean shipowners’ convenient flag-registered tonnage total share hit 80% this year. According to ‘Review of Maritime Transport 2017’ lately published by UNCTAD, as of Jan. 2017,
MaritimePress
Paul Yoon
2017.11.23 16:45
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S. Korea retained the world’s 7th place this year in shipping tonnage after falling behind Hong Kong last year. But the tonnage gap between S. Korea and Hong Kong has emerged further widened. Ac
MaritimePress
Paul Yoon
2017.11.22 20:45
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Eye-catching is the latest MR tanker market picking up. MR tanker market is considered recovering with petroleum products movement growing with the winter energy demand increased. MR tanker hire rate
MaritimePress
Paul Yoon
2017.11.21 18:38
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Controversy arose about a due diligence report on Sungdong Shipbuilding & Marine Engineering which had entered into a voluntary work-out agreement in 2010. A local daily newspaper reported on Nov.
MaritimePress
Paul Yoon
2017.11.21 18:38
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Hyundai Heavy Industries Group’s three shipyards have won new orders worth $8.569 billion up to Oct. this year. They have received orders for $7.821b in the shipbuilding and offshore sectors. HH
MaritimePress
Paul Yoon
2017.11.20 18:20
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HMM launches a container liner service in partnership with Sinokor, connecting major ports in Korea, China and Russia from the end of next December. HMM, which is now providing a container liner joint
MaritimePress
Paul Yoon
2017.11.20 18:20
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Apart from the tanker sector, the bulker markets and the containership markets have performed far better this year than a few years before. If so, what about the outlook for the shipping markets next
MaritimePress
Paul Yoon
2017.11.17 16:20
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The willingness of container carriers to sell capacity to resellers who openly distribute rates to the market is fueling the rate volatility that threatens direct contracting relationships between the
MaritimePress
Maritime Press
2017.11.16 13:50