SHIPYARDS hace 1 horas

US Navy’s Shipbuilding Crisis: Why Korea Holds the Key to Survival

Washington turns to Seoul after decades of delays, cost overruns, and a fleet shrinking despite ballooning budgets.

SHIPYARDS hace 11 días

$150bn Warship Deal: How South Korea and US Are Reshaping Naval Power

South Korea and the US commit $150bn to build military vessels at Hanwha’s Philly Shipyard.

FISHING hace 14 días

South Korea Boosts Patrol Fleet to $1.6bn as Illegal Fishing Surges

Seoul allocates $266m to expand its 3,000-ton patrol fleet from 11 to 17 vessels by 2030.

RENEWABLES hace 14 días

$113m wind cable deal: LS Marine smashes its own record

South Korean firm secures largest-ever contract for 390 MW Shinan Ui wind farm off Uido

ENERGY hace 22 días

South Korea’s $1bn crude gamble: Why VLCCs are sailing 10,000 miles for oil

Seoul revives full freight subsidies for non-Middle Eastern crude, adding 10,000 nautical miles to Asia’s refining hub.

SHIPYARDS hace 31 días

Japan Bets $3.8B to Reclaim Shipbuilding Crown from China and Korea

Tokyo unveils $3.8bn first tranche to modernise plants and double output by 2035

RENEWABLES hace 33 días

South Korea bets big: 45 GW offshore wind by 2040 under state control

Seoul shifts site selection from developers to government, targeting 25 GW of preliminary zones by 2031

SHIPYARDS hace 34 días

US Navy Eyes Foreign Frigates to Slash Warship Build Time

Washington considers South Korean, Japanese and Turkish designs to accelerate fleet modernisation.

HEADLINES hace 36 días

HD Hyundai Strike Threatens $18bn Orderbook as Workers Demand Profit Share

Unionised workers at HD Hyundai’s Ulsan yard begin partial strikes after wage talks collapse.

OFFSHORE hace 38 días

$299m wind exit: SK ecoplant sells offshore unit to refocus on AI and chips

SK ecoplant offloads its 35.62% stake in SK Oceanplant to a South Korean consortium for $299m to cut debt and pivot to.