DSME reaches yearly target for second consecutive year with $1.29B order

Daewoo Shipbuilding & Marine Engineering (DSME) announced Tuesday that it received a 1.85-trillion-won ($1.29 billion) order for six liquefied natural gas (LNG) carriers, filling its targeted amount of orders for the year for two years in a row.

2022-10-04

One HMM union files for arbitration

One of HMM's main unions is filing for mediation by the National Labor Relations Commission (NLRC) after it failed to agree with management over wages for this year.

2021-07-30

Freight rates at record, companies struggle, government helps

Ocean freight rates are rising steadily as high demand has led to a shortage of containers and to congested ports.

2021-05-17

[ROAD TO 2050] Shippers prepare to navigate choppy regulatory waters

Shippers have mostly responded to carbon regulations by increasing fuel efficiency or slowing vessel speed. But maritime regulations are sure to intensify and this calls for the industry to come up with a more fundamental approach: fuel.

2021-05-09

KSOE lands 140-billion-won contract for three ships

Korea Shipbuilding & Offshore Engineering (KSOE) secured a 140-billion-won ($122 million) deal to supply three ships to companies based in Singapore and Liberia.

2020-10-16

korea joongAng daily

DSME reaches yearly target for second consecutive year with $1.29B order

One HMM union files for arbitration

Freight rates at record, companies struggle, government helps

[ROAD TO 2050] Shippers prepare to navigate choppy regulatory waters

KSOE lands 140-billion-won contract for three ships