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South Korea News

 

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.Beijing announced the sanctions on Tuesday as the U.S. and China began charging additional port fees on each other's vessels, in the latest exchange in a protracted trade war ahead of a planned meeting of the two countries' leaders…

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…

Logistics News

London Marine Insurance Market Widens Risk Zone in Middle East

London Marine Insurance Market Widens Risk Zone in Middle East

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

Greece Calls for Protection of Shipping, Seafarers Amidst Escalating Iran Conflict

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

Ferguson Marine Secures Award to Build Four Vessels

Ferguson Marine Secures Award to Build Four Vessels

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