South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco. According to a press release, Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC) will purchase a 17%...
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A U.S. Coast Guard cutter has been sent to Sasebo, Japan to enforce North Korea sanctions in the East China Sea. The USCG cutter Bertholf arrived to...
The deal is anticipated to boost South Korea’s local economy and provide stable job offerings in the country. Hyundai Heavy Industries Co. (HHI), one of the...
Korean shipbuilders are highly likely to reclaim the top spot in the world in terms of annual shipbuilding order receipt in seven years, beating Chinese...
Techcross has become the first South Korean manufacturer to obtain US Coast Guard (USCG) type-approval for a ballast water management system (BWMS). Its...
The United States Coast Guard (USCG) Marine Safety Center (MSC) has received its fifteenth application for type approval for a ballast water management system...
STX Offshore & Shipbuilding Co. and its union have submitted a package of self-rescue measures to the state-run Korea Development Bank, a breakthrough that...
U.S. President Donald Trump is set to meet with North Korean leader Kim Jong-un around May after the inter-Korean summit in April in a dramatic development...
South Korea said on Wednesday that it is signing trade agreements with five Central American nations aimed at boosting market access for the Korean...
It has been found that the Ministry of Strategy and Finance of South Korea decided, on February 13, to impose preliminary anti-dumping tariffs of 4.43% to 15...
HOUSTON — Demand in the Permian basin for an MWD system with both electromagnetic (EM) and mud-pulse (MP) data transmission capabilities is increasing...
Obama Approves Sonic Cannons to Map Atlantic for Offshore Oil and Gas
