Pan Ocean shipping
Scope
Date
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Machinery
Hanwha Ocean develops VR-based special vehicle simulator
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed the world's first virtual realit...
Mar 26, 2024 (Gmt+09:00)
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Food & Beverage
Nongshim to build instant noodle plant in Korea for exports
Nongshim Co., South Korea’s top instant noodle maker, is set to build a new factory in the country for exports of ramen, or ramyun, for the fi...
Mar 22, 2024 (Gmt+09:00)
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Bio & Pharma
SK Bioscience exports Sky Cellflu to Thailand
South Korea's SK Bioscience Co. announced on Thursday that it has shipped about 440,000 doses (for single-dose administration) of its cell-cultured ...
Mar 21, 2024 (Gmt+09:00)
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Aerospace & Defense
HD Hyundai Heavy to build next-gen second Aegis destroyer
South Korea's HD Hyundai Heavy Industries Co., the shipbuilding affiliate of HD Hyundai Co., announced on Wednesday that it has begun construct...
Mar 13, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai speeds up digital transformation with Naver
HD Hyundai Co. announced on Monday that it signed a business agreement with Naver Corp. for digital transformation (DX), cloud transformation, and a...
Mar 11, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha seeks further legal action vs HD Hyundai amid Navy project rivalry
Hanwha Ocean Co., the world’s second-largest shipbuilder, is seeking new legal action against HD Hyundai Heavy Industries Co. over the bigger ...
Mar 05, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion ships initial supply of Zymfentra to US
South Korea's Celltrion Inc. announced on Wednesday that it shipped the first supply of its subcutaneous injection type of the autoimmune disease tr...
Feb 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $257 mn for two VLCCs
South Korea's Hanwha Ocean Co. announced on Friday that it has won an order for two very large crude carriers (VLCCs) from a shipowner in Oceania, t...
Feb 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine bags order to upgrade Chevron LNG tankers
HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider under HD Hyundai Co., has won an order from Chevron C...
Feb 22, 2024 (Gmt+09:00)
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Construction & Planning
SK Energy, PTC Korea team up for smart plant construction business
SK Energy Co., South Korea’s top oil refiner and energy company, said on Wednesday it has teamed up with PTC Korea Co. to jointly enter the gl...
Feb 21, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HMM, Hyundai Glovis aim for car shipping sector as rates jump
South Korea’s major ocean carriers HMM Co. and Hyundai Glovis Co. aim to take advantage of the booming car shipping business as vehicle freigh...
Feb 20, 2024 (Gmt+09:00)
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Economy
South Korea tightens export controls to Russia, Belarus
South Korea will halt shipments of nearly 700 additional items, including rechargeable batteries, heavy equipment and cars with 2,000 and larger-lit...
Feb 20, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean develops draft measuring with drones
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed a system that utilizes drones and ...
Feb 20, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Harim gives up HMM deal over management rights dispute
South Korea's leading poultry processor Harim Co. has walked away from a $5 billion deal to buy HMM Co., South Korea’s No. 1 ocean carrier, re...
Feb 07, 2024 (Gmt+09:00)
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Energy
HD KSOE seeks to build nuclear power plant ships
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) is hastening to advance into the nuclear power plant ship market in collaboration wit...
Feb 04, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai, Hanwha delivers 1st of 12 container ships to HMM
South Korea’s top container line HMM Co. said on Wednesday that it held a naming ceremony for HMM Garnet, a 13,000 twenty-foot equivalent unit...
Jan 24, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Harim, KDB in dispute over $5 bn HMM deal conditions
Talks to sell South Korea’s No. 1 ocean carrier HMM Co. to Harim Group, a leading poultry processor, have made little progress amid disputes o...
Jan 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean secures first order of year for ammonia carriers
South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Monday that it has secured a contract for two very large ammonia...
Jan 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai Marine Solution to enter ship cyber security
South Korea’s HD Hyundai Marine Solution announced on Monday that it has signed a memorandum of understanding (MOU) with the domestic security...
Jan 22, 2024 (Gmt+09:00)
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Batteries
Hanwha, ITM to develop lithium-ion batteries for submarines
Hanwha Aerospace Co., a leading South Korean defense company, has partnered with Kosdaq-listed tech firm ITM Semiconductor Co. to jointly develop ba...
Jan 11, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean, Gabler to collaborate for submarine MRO
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, announced on Wednesday that it has signed a technical agreement w...
Jan 10, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Korea’s Hanwha Ocean quits money-losing container shipbuilding business
South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding busin...
Jan 08, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE wins $230 mn order for two VLGCs
South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Friday said it has secured its first order this year for two very la...
Jan 05, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Ocean carrier HMM's share price gains put KDB in hot seat
On Nov. 20, HMM Co., South Korea’s No. 1 ocean carrier, issued new 200 million shares after its two largest shareholders -- Korea Development ...
Dec 26, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Poultry processor Harim to buy Korean top sea carrier HMM for $5 bn
South Korea’s leading poultry processor Harim Group is set to acquire the country’s No. 1 sea flag carrier HMM Co. for about 6.4 trillio...
Dec 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Korea’s 6G frequency bands picked as standard candidates
Sixth-generation (6G) communication frequency bands proposed by South Korea have been adopted as global standard candidates by the industry's freq...
Dec 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders shrug off concerns over lower new ship prices
South Korean shipbuilders shrugged off concerns of an industry peak-out boosted by the first fall of new vessel prices in 45 weeks and lower used sh...
Dec 12, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Korean shipbuilders slide to 2nd place after China in November orders
South Korean shipbuilders slid to second place in new shipbuilding orders last month, yielding the top spot back to their Chinese rivals.According t...
Dec 05, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean showcases Jangbogo-III submarine in Warsaw
South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involve...
Nov 30, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean to develop submarine technology to evade detection
South Korea's Hanwha Ocean Co. has consecutively secured contracts for naval technology-related vessel research projects. The company recently annou...
Nov 29, 2023 (Gmt+09:00)