South Korea News


Russia Imports Petroleum Products From South Korea to Ease Fuel Crises

Oct 06, 2026

Russia imported more than 176,000 tons of petroleum products from South Korean ports in July and August, easing the impact of a fuel crisis caused by Ukrainian drone strikes on Russian oil refineries, Ukraine's top sanctions official said on Tuesday…

Liebherr BOS 45000 Heavy-Lift Offshore Crane Acquired for South Korea Offshore Wind

Feb 18, 2026

The new Liebherr BOS 45000 crane has been acquired by Eunsung O&C Co., Ltd., known for its expertise in ground improvement, foundation engineering and complex onshore and offshore infrastructure projects. The BOS 45000 will equip a jack-up barge…

Inchcape Shipping Services Opens New Office in Geoje, Korea

Nov 25, 2025

Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje…

Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk

Oct 17, 2025

China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday…

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