bus terminal

Energy Alaska governor seeks Korean partners for $44 bn LNG project

Alaska Governor Mike Dunleavy arrived in South Korea on Monday to hold a series of one-on-one meetings with top executives from Korean energy and st...

Energy S.Korean firms bet big on US LNG market under new Trump gov't

South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG) market, which is expected ...

Energy POSCO International eyes M&A in US natural gas market

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., is considering ac...

Hydrogen economy Hyundai Motor sells over 1,000 Elec City FCEV

Hyundai Motor Co. said on Sunday it has sold more than 1,000 units of its hydrogen fuel cell bus Elec City Fuel Cell Electric Vehicle (FCEV) with cu...

Retail Shinsegae Duty Free opens premium store at Incheon Airport

South Korea's Shinsegae Duty Free launched a premium store at Incheon International Airport, aiming to counter the decline in downtown duty-free sal...

K-pop HYBE replaces ADOR CEO; Ex-CEO Min barks at sacking

HYBE Co. has finally removed Min Hee-jin from ADOR, the label behind girl group NewJeans, as chief executive some four months after it failed to kic...

Shipping & Shipbuilding HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural gas (LNG-FSU).HD Hyu...

Electric vehicles LS Cable breaks ground for bus ducts plant in Mexico

South Korea's LS Cable & System Ltd. broke ground for two factories in Mexico on August 2: one for bus ducts, or a large-scale power distributio...

Electric vehicles Hyundai eyes Japan’s commercial EV market in e-bus deal with Iwasaki

South Korean top automaker Hyundai Motor Co. said on Tuesday it is supplying its all-electric Elec City Town buses to Iwasaki Group, effectively ent...

Automobiles Hyundai Motor speeds up hydrogen bus charging business in Korea

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

Energy POSCO International completes Korea’s first non-state-run LNG terminal

POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday i...

Electric vehicles KT, EV Parking Services to cooperate on electric bus charging

South Korea's KT Corp., South Korea’s largest telecom service provider, announced on Friday that it partnered with EV Parking Services (EVPS) ...

Private equity Tcha Partners mulls largest-ever sale of Korean bus operators

Seoul-based private equity firm Tcha Partners Asset Management Co., which owns 17 domestic quasi-public bus operators via four funds that closed at ...

Energy SK Gas’ 1st LNG terminal completes test operations

SK Gas Ltd., South Korea’s No. 1 liquefied petroleum gas (LPG) distributor, has completed the test operation of its first liquefied natural ga...

Logistics Korea's LX opens Hungary terminal for Europe EV, battery logistics

LX Pantos, one of the top logistics firms in South Korea, has launched a railway terminal in Hungary for the electric vehicle and battery logistics ...

Leadership & Management Commercial vehicle guru Andersson leads MAN’s Korea, Australia businesses

Commercial vehicle veteran Peter Andersson is now managing MAN Truck & Bus SE’s businesses in South Korea and a cluster of Asia-Pacific co...

Shipping & Shipbuilding HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding ...

Real estate WeWork’s downsizing plan in Korea to hit office market

Coworking space provider WeWork Inc. plans to downsize its business in South Korea, according to banking sources on Sunday. Market watchers say inve...

Construction Daewoo E&C seeks energy infrastructure biz in Yemen

South Korea's Daewoo Engineering & Construction Co. announced on Friday that it signed a memorandum of understanding (MOU) with the Yemeni Minis...

Corporate restructuring SK Energy to spin off tank terminal business as new logistics firm

SK Energy Co., a unit of South Korean oil refiner and battery maker SK Innovation Co., is spinning off its crude oil storage and shipment business t...

Hydrogen economy Hyundai, Iveco solidify partnership with E-WAY H2 hydrogen fuel cell bus

South Korea’s top automaker Hyundai Motor Co. and Italian truck maker Iveco Group N.V. have consolidated their business partnership through th...

Real estate Seoul envisions its own Hudson Yards in the city's east end

Seoul, the capital of South Korea for more than six centuries since the Joseon dynasty, is poised to revamp its city planning for the next century w...

Construction & Planning Heerim wins supervision contract for Vietnam's Long Thanh Airport

South Korea's Heerim Architects & Planners announced on Monday that it has signed a construction-phase supervision and advisory contract for the...

Mergers & Acquisitions Macquarie seeks to sell off Korea’s tank terminal operator

Macquarie Korea Asset Management seeks to sell off a Korea tank terminal operator six years after the acquisition, at around 400 billion won ($314.8...

Business & Politics KOGAS, Vietnamese firms to jointly undertake major infra projects

South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...

Travel & Leisure Seoul preps to launch ferry service for tourists, commuters

The city of Seoul plans to launch a ferry service in 2024 as authorities in the South Korean capital vie to draw more foreign tourists and ease comm...

Tech, Media & Telecom SK Telecom displays cutting-edge network tech for smart battleships

South Korea's SK Telecom Co. is taking part in this year's International Maritime Defense Industry Exhibition (MADEX), which ends Friday, at Busan...

Electric vehicles Hyundai to supply 1,300 hydrogen buses in Seoul by 2026

Hyundai Motor Co., along with South Korean Ministry of Environment, the Seoul Metropolitan Government, SK E&S and Tmap Mobility, signed a memora...

Automobiles Hyundai doubles down on green bus push against Chinese ascent

Hyundai Motor Co. is expected to start remodeling its conventional bus production facility at home this fall to ramp up zero-emission and low-floor ...

Hydrogen economy Hanyang, Linde to inject $800 mn for hydrogen cluster in Korea

Hanyang Corporation Ltd., a South Korean construction firm, will join forces with German industrial gases and engineering company Linde AG to create...