Korean
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Port News
Korean Register taps veteran insider as new chairman
Classification society Korean Register (KR) has appointed Lee Yongsok as its 26th chairman and chief executive. Lee, who took the…
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Maritime News
Mid-Sized South Korean Shipbuilder Daesun Completes Sale of Shipyard
After two years of financial restructuring, the smallest of South Korea’s surviving midsized shipbuilders, Daesun Shipbuilding, completed the sale of……
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Maritime News
Korean Coast Guard Investigates After Cargo Ship Rams Dock
[Brief] Coast Guard officials in Busan, South Korea, responded to reports that an arriving cargo ship had rammed the dock…
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Maritime News
Police Raid Korean Shipyard After Death of Worker
South Korean police and Labour Ministry officials raided on Thursday the shipyard of Hanwha Ocean in Geoje in the southeast…
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Maritime News
South Korean Ferry Runs Aground, All 267 Souls Onboard Rescued
All 267 people on board a South Korean passenger ferry that ran aground off the southwestern tip of the Korean…
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Maritime News
Passengers Being Evacuated After Korean Ferry Runs Aground
A large rescue operation is underway along the South Korean coast south of Seoul after a larger passenger-car ferry grounded…
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Port News
American private equity eyes Korean yard investment
Taekwang Group has muscled into the bidding war for K Shipbuilding, joining forces with TPG, a US private equity firm…
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Maritime News
South Korean Yards Want to Build U.S. Navy Ships in Korea
South Korea’s business leaders are aware that a multi-billion-dollar diplomatic agreement to invest in the U.S. market could dent future…
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Port News
Korean AI fire system passes sea trials
South Korea has unveiled a breakthrough in shipboard fire safety technology, successfully trialling an AI-based autonomous firefighting system capable of…
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Maritime News
Korean Team Tests AI-Powered Automatic Firefighting System Aboard Ship
South Korean researchers have developed an advanced AI-powered firefighting system that can independently identify a petroleum fire, activate, and co……
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