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South Korea News

 

174K LNG Vessel Christened; Board Approves New 8-Ship Contruction Plan

May 20, 2026

Diamond Gas Jade, a 174,000-cu.-m. Liquefied Natural Gas (LNG) carrier invested by a joint venture under U-Ming Marine Transport Corp., held its grand naming ceremony on May 19 at the Samsung Heavy Industries Geoje Shipyard. Built by Samsung Heavy Industries, Diamond Gas Jade is equipped with the latest energy-saving environmental technologies and a dual-fuel propulsion engine. Upon delivery, it will commence long-term LNG transportation operations supporting global energy logistics…

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…

Logistics News

Iran Creates Oil Bonanza for the Americas

Iran Creates Oil Bonanza for the Americas

New Zealand, US to Fund Cook Islands Port Upgrade

New Zealand, US to Fund Cook Islands Port Upgrade

Cheniere Exports 5,000th LNG Cargo

Cheniere Exports 5,000th LNG Cargo

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

Russian Wheat Exports Rise in Price as Black Sea Supplies Dwindle

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