offshore wind installation vessel

Electronics Samsung expands automotive MLCC supply to BYD, other Chinese firms

Samsung Electro-Mechanics Co. is supplying several million dollars' worth of multilayer ceramic capacitors (MLCCs) to BYD Co. and Chinese automotive...

Mergers & Acquisitions Daol PE buys Youngil Glass to ride Korean cosmetics boom

Daol Private Equity has acquired Youngil Glass Industry Co., a South Korean manufacturer of glass containers, in a 65 billion won ($44.5 million) de...

Energy HD Hyundai, TerraPower to commercialize next-gen SMR

South Korea’s largest shipbuilder, HD Hyundai Heavy Industries Co., is deepening its partnership with TerraPower LLC, the US nuclear venture f...

Hydrogen economy Samsung E&A buys Norwegian Nel stake for hydrogen business push

South Korea’s Samsung E&A Co. has purchased a stake in Norway’s hydrogen technology company Nel ASA at 47.6 billion won ($32.8 milli...

Shipping & Shipbuilding HD Hyundai Marine sets sights on LNG vessel retrofitting in Trump era

While the global shipbuilding industry was reeling from the economic slowdown in recent years, South Korea’s HD Hyundai Marine Solution Co., a...

Regulations South Korea allows foreigners to trade treasuries via omnibus accounts

South Korea will allow foreign investors to trade South Korean treasury bonds via omnibus accounts under the names of global custodians or asset man...

Shipping & Shipbuilding HD KSOE wins $2.6 bn order for 12 container ships

South Korea’s largest shipbuilder HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said on Thursday it got 3.716 trillion won ...

Shipping & Shipbuilding HD KSOE eyes $180.05 bn worth of orders in 2025

South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), said Friday it aims to win $180.05 billion ...

Shipping & Shipbuilding Hanwha Ocean, another Korean shipbuilder win $951 million WTIV deals

Hanwha Ocean Co. and another major South Korean shipbuilder have won deals worth a combined 1.4 trillion won ($951 million) to each build a wind tur...

Shipping & Shipbuilding Hanwha completes acquisition $100 mn Philly Shipyard

South Korean chemicals-to-defense conglomerate Hanwha Group completed the acquisition of Philly Shipyard on Friday.The size of the deal was $100 mil...

Energy Doosan Enerbility to supply TerraPower's SMR equipment

South Korea's Doosan Enerbility Co. said on Thursday it signed a contract with TerraPower to supply the equipments for small modular reactor (SMR).T...

Energy China’s Mingyang to foray into Korean wind turbine market with Unison

China’s Mingyang Smart Energy, one of the top five global wind turbine suppliers, is gearing up for its advance into South Korea’s wind ...

Aerospace & Defense Hanwha Ocean, Babcock to team up for submarine exports

South Korea's Hanwha Ocean Co. said on Friday it signed a strategic partnership with the UK-based global defense industry giant Babcock Internationa...

Shipping & Shipbuilding HMM introduces S.Korea's first LNG-powered vessels

South Korea's HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied ...

Shipping & Shipbuilding Samsung Heavy sails autonomous demonstration vessel

The South Korean Ministry of Trade, Industry and Energy announced on Thursday the launch ceremony for Samsung Heavy Industries' autonomous demonstra...

Energy LS Cable, Denmark's CIP sign LOI for floating offshore wind

South Korea's LS Cable & System Ltd. said on Wednesday that it signed a letter of intent (LOI) for offshore wind cooperation with Copenhagen Inf...

Aerospace & Defense Korea’s LIG Nex1 to export unmanned surface vessel

GUMI, North Gyeongsang Province — South Korean defense maker LIG Nex1 Co. aims to export its unmanned surface vessel (USV) under development a...

Shipping & Shipbuilding Hanwha Systems, HJ S&C to enter overseas naval vessel market

South Korea's Hanwha Systems Co. said on Tuesday that it signed a memorandum of understanding (MOU) with HJ Shipbuilding & Construction Co. to...

Business & Politics S.Korea aims to export $1 bn Gim by 2027

South Korean Ministry of Oceans and Fisheries plans to enhance the global competitiveness of Korea's seaweed industry by establishing "Gim” ...

Venture capital South Korean VCs in search of better returns abroad

South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue to look for better returns overs...

Automobiles Hyundai Motor debuts on Indian bourses in its 1st offshore IPO

MUMBAI -- Hyundai Motor Co.'s Indian unit debuted on India's stock market on Tuesday as the South Korean carmaker bets big on the South Asian countr...

Korean chipmakers SK Hynix’s CXL optimization software tool installed on Linux

SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., said on Monday the key features of its computer expr...

Energy Doosan Enerbility to localize 10 MW wind turbines

South Korea's Doosan Enerbility Co. said on Thursday that it is pursuing a national project for localizing large-scale wind power generation systems...

Shipping & Shipbuilding Hanwha to bag up to $2.2 bn container ship order from Maersk

Hanwha Ocean Co., South Korea’s third-largest shipbuilder, is expected to win its first container ship order from the world’s No. 2 ship...

Banking & Finance IGIS, Naver Labs to develop tech convergence space platform

South Korea’s IGIS Asset Management Co. said on Wednesday that it signed a memorandum of understanding (MOU) with six companies, including Nav...

Energy Kolon Global, Hana Bank to form onshore wind power fund

South Korea's Kolon Global Corp. announced on Tuesday it signed an agreement with Hana Bank, Hana Alternative Asset Management, and MDM Asset Manage...

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...

Energy Korea seeks to curb China's offshore wind farm dominance

South Korea will prioritize non-price factors such as economic security and contributions to the domestic supply chain over bidding prices when sele...

Energy KOGAS executes first simultaneous LNG bunkering in Korea

South Korea's state-run Korea Gas Corp. (KOGAS) said on Friday that its subsidiary, Korea LNG Bunkering, successfully carried out the country’...

Energy Samsung signs wind turbine structure supply deal with Equinor

South Korea's Samsung Heavy Industries Co. said on Wednesday that it has signed an exclusive agreement with Norway's state-owned energy company Equi...