large ships
Scope
Date
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Mergers & Acquisitions
Hahn & Co. puts SK Shipping’s tanker business up for sale
South Korean private equity firm Hahn & Co. is seeking to sell SK Shipping Co.’s tanker division, a business widely seen as the breadwinne...
Mar 13, 2023 (Gmt+09:00)
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Automobiles
South Korean tire makers raise prices despite weak sales
South Korea’s three largest tire makers are raising product prices despite their weak sales in anticipation of an imminent market rebound amid...
Mar 03, 2023 (Gmt+09:00)
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ESG
S.Korea’s HMM tops carbon efficiency ranking on key shipping route
South Korea’s largest container line HMM Co. said on Thursday it had the lowest carbon emission intensity on East Asia–US West Coast rou...
Mar 02, 2023 (Gmt+09:00)
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Construction
S.Korea's Hyundai L&C launches engineered stone Opimo
Hyundai L&C, an interior solutions provider under the Hyundai Department Store Co. Group in South Korea, announced on Monday the launch of its h...
Feb 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung opens 5G pilot network to 4th largest mobile carrier in US
Samsung Electronics Co. announced on Thursday that it has successfully completed the opening of a 5th-generation mobile communications (5G) pilot ne...
Feb 23, 2023 (Gmt+09:00)
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Korean stock market
Smaller firms' successful IPOs fail to boost Korean listing market
South Korean companies are returning to the local initial public offering market this year, after failing their market debuts last year. But that ha...
Feb 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Avikus unveils self-sailing leisure vessel tech NeuBoat at US ship event
Avikus, an autonomous ship navigation affiliate of South Korea's shipbuilding, heavy equipment, machine and petroleum giant HD Hyundai Co., on Sunda...
Feb 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Group buys HSD Engine for $175.9 million
South Korea's Hanwha Group will acquire ship engine maker HSD Engine in a move to shore up its shipbuilding unit following the conglomerate's takeov...
Feb 17, 2023 (Gmt+09:00)
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AgTech
Korea's Daedong to speed up growth with smart farming machines
Daedong Corp., South Korea’s top agricultural machinery manufacturer, aims to accelerate growth based on new businesses such as smart machines...
Feb 16, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
S.Korean shipbuilders rule world’s eco-friendly vessel market
South Korea’s shipbuilders have won more than half of the orders to build eco-friendly vessels so this year based on advanced technology to do...
Feb 14, 2023 (Gmt+09:00)
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IPOs
S.Korean grocery delivery platform Oasis drops IPO on weak demand
Oasis Corp., a South Korean grocery delivery platform, decided to withdraw its local initial public offering plan on Feb. 13 amid tepid interest fro...
Feb 13, 2023 (Gmt+09:00)
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Construction
Korean builders to ramp up overseas business in 2023
Major South Korean construction firms are set to expand their overseas business while reducing domestic projects this year to boost profitability. T...
Feb 13, 2023 (Gmt+09:00)
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Earnings
HMM’s operating profit to fall 80% in 2023 on easing freight rates
South Korea’s sea flag carrier HMM Co. is expected to suffer an over-80% plunge in operating profit this year due to a downward spiral in cont...
Feb 13, 2023 (Gmt+09:00)
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Electronics
Samsung to boost premium TV lineup with 77-inch QD-OLED
Samsung Electronics Co. is set to launch a 77-inch quantum dot organic light emitting diode (QD-OLED) TV in South Korea, its largest-ever premium TV...
Feb 12, 2023 (Gmt+09:00)
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Batteries
Citibank Korea provides $412 mn to POSCO for Argentine business
Citibank Korea signed on Jan. 25 a financial contract with POSCO Argentina, a subsidiary of South Korea's steel and secondary battery raw material g...
Feb 06, 2023 (Gmt+09:00)
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Regulations
Korea to legalize security token for fractional investment
South Korea is set to allow all kinds of fractional investments next year through the legalization of a security token (ST), a digital form of tradi...
Feb 06, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy wins $495 million order for two LNG ships
Samsung Heavy Industries Co., a leading South Korean shipbuilder, said on Wednesday it has won a 609.7 billion won ($495 million) deal to build two ...
Feb 01, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung considers chip output cut as first-quarter loss looms large
Samsung Electronics Co., the world’s largest memory chipmaker, is considering slashing its semiconductor production as the company is heading ...
Jan 27, 2023 (Gmt+09:00)
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Electronics
Samsung Display unveils touch-enabled OLED laptop PC screen
A South Korean company has developed an OLED laptop PC display with a touch function like a smartphone screen without needing a separate film attach...
Jan 25, 2023 (Gmt+09:00)
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ECM/DCM
Kakao Pay and Hanwha Aerospace likely to be added to MSCI Korea Index
South Korea's Kakao Pay Corp. and Hanwha Aerospace Co. next month are expected to get newly incorporated into the MSCI Korean Index, which measures ...
Jan 20, 2023 (Gmt+09:00)
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Construction
Hyundai E&C wins record $28.4 billion in new orders last year
South Korean builder Hyundai Engineering & Construction last year earned sales of 21 trillion won ($17 billion) thanks to growth in the domestic...
Jan 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE wins this year's first LNG carrier order worth $783 million
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai Co., said on Tuesday that it recent...
Jan 17, 2023 (Gmt+09:00)
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Travel & Leisure
Busan Port's cruise ship visits to resume after 3 years of hiatus
Cruise ship visits to Busan Port, which was suspended after COVID-19, will resume after three years.The Busan Port Authority said Friday that cruise...
Jan 13, 2023 (Gmt+09:00)
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Retail
S.Korea resumes egg imports in 13 months due to soaring prices
As egg prices soared due to the spread of bird flu or avian influenza, the South Korean government resumed imports of eggs to ease price pressure.It...
Jan 11, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
KSOE to develop large-capacity fuel cells with Europe's research center
Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...
Jan 09, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Pan Ocean to transport energy products for Portugal's Galp
Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...
Jan 05, 2023 (Gmt+09:00)
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Korean Innovators at CES 2023
HD Hyundai to boost offshore wind power, future ships, CEO says
LAS VEGAS – HD Hyundai Co., the largest shipbuilding conglomerate in South Korea, is set to diversify its future growth engines, focusing on s...
Jan 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Privatization of Korea’s top container line HMM to gain traction
South Korea’s move to privatize container shipping line HMM Co. to recover taxpayer money is gaining traction as government officials start lo...
Jan 05, 2023 (Gmt+09:00)
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Cloud computing
KFTC acts on Amazon's large share of S.Korea's cloud market
Amazon controls around 70% of South Korea's cloud market, followed by Microsoft in second and Google and Naver Corp. fighting for third place.The Ko...
Dec 29, 2022 (Gmt+09:00)
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Energy
Hyundai Heavy Industries Group develops dual LNG-hydrogen engine
Hyundai Heavy Industries (HHI) Group has developed South Korea's first hybrid engine that uses liquefied natural gas (LNG) and hydrogen.The group's ...
Dec 23, 2022 (Gmt+09:00)
Latest News
- 1 Korea’s top cinema chains seek merger to counter box office slump
- 2 S.Korea’s GEPS to commit $143 million to foreign mid-cap buyout funds
- 3 CJ CheilJedang to open $72 mn dumpling plant in Japan
- 4 LG Electronics breaks ground on $600 million home appliance plant in India
- 5 KakaoBank posts record Q1 profit, eyes Thai expansion after Indonesia