Monday, August 18, 2025
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Tag: South Korea

Arctic Routes beckon, but container shipping faces an icy reality

When five Chinese icebreaking research vessels cut north into the Arctic this summer more than Beijing has ever deployed simultaneously it signaled more than...

US bets big on South Korean shipbuilders to counter China’s naval dominance

The United States has forged a US$150 billion shipbuilding partnership with South Korea that could fundamentally reshape global naval competition. ...

Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers

The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM’s Overseas Economics Research...

US develops maritime counterbalance in Indo-Pacific through Asia partnerships

In a significant development at the Asia-Pacific Economic Cooperation (APEC) ministerial meeting, the United States has signaled a new phase in its maritime strategy...

NSR draws more players to ramp up icebreaker fleet expansion

The Northern Sea Route (NSR), spanning Russia’s Arctic coast from the Barents Sea to the Bering Strait, is becoming an increasingly viable shipping corridor...

Japan, South Korea into shipbuilding struggle to meet U.S. demand

According to a NYK Line executive, U.S. allies Japan and South Korea would face difficulties in rapidly expanding their shipbuilding capacity to meet U.S....

Europe’s shipping strength under pressure amid rising Asian competition

European shipping has solidified its role as a key geopolitical asset for the European Union (EU), commanding a significant portion of the global fleet. This...

South Korea’s Shipbuilding Sector at the Forefront of the Trade War

As global maritime trade is about to emerge as a field of geopolitical antagonism, South Korea will be one of the spearheads to counter...

South Korean president-elect wants to revive country’s maritime spirit

South Korean president-elect Yoon Suk-yeol, who won narrowly at the polls on 9 March, wants the country to be a born-again maritime nation. Yoon, previously...

Container traffic in South Korea remains stable

The combined volume of shipments processed at trade ports in South Korea increased 0.8% from the previous year to 1.638 billion tons in 2019,...
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Konecranes supplies portal crane to Royal Selangor

Konecranes has delivered and commissioned a 1-ton Manual Portal A-frame Crane for Royal Selangor International in Malaysia. The pewter specialist, known worldwide for its...
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