Tag: South Korea

Pacific Environment and the Ulsan Port Authority signed a Memorandum of Understanding (MOU) outlining a vision of multi-year collaboration to accelerate zero-emission shipping and ports in the Republic of Korea, within Asia, across transpacific and global corridors.

Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.

HD Korea Shipbuilding & Offshore Engineering has launched a new research and development facility named the Marine Innovative Decarbonization R&D at the HD Hyundai Heavy Industries yard in Ulsan.

President Yoon Suk Yeol attended the opening ceremony of Korea's first automated terminal on April 5, at Busan New Port, marking a significant step in South Korea's shipping and logistics sector.

On February 17, a collision occurred between a cargo vessel and an LNG carrier approximately six kilometers southwest of Yeoseo Island in Wando County, South Jeolla Province, South Korea.

A cargo ship with 11 crew members aboard sank off the southern island of Jeju, but all individuals were safely rescued, announced the Coast Guard on 16th February 2024.

NYK and JERA Co., Inc. signed a long-term charter contract for a new liquefied natural gas (LNG) carrier to be built in South Korea by Hyundai Samho Heavy Industries.

PT Pertamina International Shipping (PIS) strengthens its fleet by adding two Very Large Gas Carriers (VLGC), giant gas tanker ships optimized for transporting LPG commodities domestically and internationally.

DNV has been selected to class ship owner Purus’ newbuilding order of two Very Large Ethane Carriers (VLEC). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027.

The third ro-ro multipurpose unit belonging to the innovative "G5" class was delivered to the Grimaldi Group at the Hyundai Mipo Dockyard Co. Ltd shipyard in Ulsan (South Korea).