Tag: South Korea

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Prosecutors raid Coast Guard offices concerning Sewol case

A new special prosecution unit raided multiple offices of the Korea Coast Guard with the aim to find evidence in regards to the sinking of the ferry Sewol in 2014, which claimed the lives of 304 people. The raids are said to be part of the latest in a long series of investigations into the loss of the ferry Sewol.  It was reported that the raids recovered personnel records listing the names of the first responders on the day of the sinking, as well as other documents related to the accident. 

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Houthis release South Korean ships

Houthi rebel forces released two Korean vessels and one Saudi tug that they had captured near Hodeidah earlier this week, after South Korea deployed a destroyer and called for American assistance. Earlier this week, a spokesman for the Saudi-led coalition backing the Yemeni government reported that Houthi rebels boarded a tug off the coast of Hodeidah and sources said that the tug has been brought to the Houthi-controlled seaport of Salif, just north of Hodeidah.

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DNV GL calls power-facility stakeholders to improve monitoring systems

DNV GL conducted a research on power failure investigation, following a fire at a large-scale South Korean energy storage facility, urging facility developers and operators to focus more on monitoring and prevention systems. DNV GL will conduct a follow-up assessment which will present criteria for bankability and validating remaining functionality of batteries after a fire.

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South Korea and Indonesia reach trade agreement

A preliminary trade deal equivalent to a free trade agreement has been agreed between Indonesia and South Korea. The agreement establishing broader economic cooperation is aiming to boost the trade between the two countries by almost 50% by 2022. The move which comes after a five-year break from negotiations between the two countries, is part of South Korea's on-going efforts to expand exports in the area.

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