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Ulsan Port Authority and Hyundai Oil Terminal sign US$17.6 million investment deal

Ioanna Kontos - 0
On 1 August, the Ulsan Port Authority (UPA) signed a US$17.6 million equity investment agreement with Hyundai Oil Terminal Corporation. This partnership aims to develop...
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Port News

Ulsan Port, Pacific Environment sign decarbonization deal

Ioanna Kontos - 0
During Singapore Maritime Week, the Ulsan Port Authority (UPA) signed a Memorandum of Understanding (MoU) with Pacific Environment (PE), an international environmental organization, to...
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Port News

Ulsan Port achieves world’s first green methanol supply to very large container ship

Ioanna Kontos - 0
South Korea's Ministry of Oceans and Fisheries, led by Kang Do-Hyung, along with the Ulsan Port Authority under president Kim Jae-gyun, announced a historic...
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Services

Wan Hai launches new service to help Ulsan’s ambitions

Container News Team - 0
In collaboration with Ulsan Port Authority (UPA), Taiwanese liner operator Wan Hai Lines has started a new container service connecting the South Korean port...
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Wärtsilä engines to power new U.S. data center

News Antonia Saratsopoulou - 0
Wärtsilä has secured a major contract to supply 282MW of flexible engine power for a new data center project in Ohio, addressing the growing...
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BIMCO Shipping Number of the Week: Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns

Industry Opinions Giannis Nikolakis - 0
“In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing concerns over...
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Container rates slip as KCCI drops 2.25%

News Antonia Saratsopoulou - 0
According to Japan International Freight Forwarders Association (JIFFA), Container freight rates out of Busan saw a broad decline this week, with the Korea Ocean...
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BNSF launches fast-track intermodal service

News Antonia Saratsopoulou - 0
BNSF Railway has rolled out a new expedited intermodal service connecting Los Angeles and Houston, offering third-day delivery and a strong alternative to traditional...
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