South Korea is moving ahead to introduce refurbished S-3 Viking anti-submarine warfare (ASW) planes to counter threats from North Korea, Yonhap reported quoting a military source. The proposal to incorporate 12 former U.S. Navy Vikings…
The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured…
South Korea said the submarines, comprising about 70 per cent of a North Korean submarine fleet, had left their home ports and were nowhere to be found. Military are increasing their surveillance capability to track them. Military sources said…
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but…
The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal. JAXPORT has officially announced the addition of the world’s No…
South Korea plans to enable its citizens and foreign tourists to wager on new cruise ship services that will serve ports around the country, reports the Korea Joongang Daily newspaper. Some major overseas cruise companies – such as Genting…
Scorpio Bulkers has agreed to sell two new capesize bulk carriers and an ultramax for a combined $111m to an unknown buyer. The two capes are currently under construction in China and in South Korea, and will be delivered between Q3 2015 and Q2 2016…
India's state-owned Cochin Shipyard Ltd (CSL) has entered into a Memorandum of Understanding (MoU) with Korean firm Samsung Heavy Industries for technology partnership in constructing liquefied natural gas (LNG) carrying vessels, reports local media…
Can pain in the China's ship building industry the gain for South Korea? Will 2015 save Korea's major shipbuilders which had a pretty tough time in 2014?Korea's major shipbuilders had a pretty tough time in 2014. Out of the country's three major players…
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.Korea…
Northrop Grumman Corporation has appointed Brian Kim as chief executive for South Korea, effective Feb. 2, 2015. In this new position, he will be responsible for coordinating the corporation's relationship with South Korea, supporting current programs and developing strategies for growth…
Swiss trading house Mercuria has moved to become a significant player in the marine fuel market by hiring a team of close to 40 former employees from the once-largest supplier, traders and sources close to the matter said on Tuesday.The bankruptcy of Denmark's OW Bunker…
Port Metro Vancouver issued an announcement welcoming news of the signing of the Canada-Korea Free Trade Agreement yesterday in Ottawa. The agreement will significantly boost Canada’s trade with South Korea, as well as provide strategic access…
Alfonso Cebollero has been appointed as SENER's Regional Director for Asia and Pacific, while Guangwu Liu has become SENER's new Country Manager in China. Both will coordinate the Engineering and Technology Group’s projects in the above-mentioned…
A fire-damaged tankship, 'Maritime Maisie' loaded with hazardous chemicals has become a maritime football in the north Pacific, with Japan and South Korea unwilling to give it refuge even though they risk a wider environmental disaster if it sinks…
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