Korea

  • Five years after they were ordered, delivery by Korea Shipbuilding & Engineering Corp. (KSEC) of six advanced combination carriers worth $171 million has begun to two Norwegian owners. KSEC said four of the 37,000-dwt products/ore/ bulk/oil carriers were built for Klavness Co. and two for Havtor Co.

    under contracts signed in 1983 for delivery in 1986.

    When the original delivery time arrived, the Norwegian firms cited technical problems with the vessels and refused to accept delivery unless the price was cut. After longrunning arbitration, KSEC reduced the price of each vessel by $6 million.

    Klaveness announced that with technical alterations, the six vessels will be able to trade as originally intended.

  • Wartsila Accommodation Systems, Korea Ltd., a company producing ship accommodations, was recently established by Wartsila in the Republic of Korea. The company, in which Wartsila is major shareholder, is situated in Masan near major shipyards. The first delivery from the factory in Korea will take

  • Automobiles being imported from Japan and South Korea through the Port of Portland (Oregon) have grown to a record rate of 1,000 units a day during recent months, and are expected to soar even higher during the coming months. Executive director Lloyd Anderson reports that Toyota, one of three major

  • Samsung Shipbuilding Co., Ltd. (SSC) of Koje, South Korea, has published a 24-page full-color brochure describing the company and its shipbuilding facilities and capabilities. Elaborately presented, photographs, drawings, and text describe the up-to-date facilities and equipment of the yard, its

  • Hyundai Heavy Industries Company, Ltd. in Ulsan, South Korea, has recently delivered the 23,500- dwt bulk carrier Kowulka (shown above) to her Australian owner, Gypsum Resources Australia Pty. Ltd. This vessel has special significance, as she is the first built in Korea for an Australian owner.

  • The South Korean government plans to build its own 10,000-gt semisubmersible offshore drilling unit for oil exploration at a cost of $80 million. The order will be placed, probably at a domestic yard, in time for delivery in 1983. Previously the government intended to lease rigs, but the Ministry

  • B.R. Martin has been named president of Korea Gulf Oil Company, according to R.W. Baldwin, president of Gulf Refining & Marketing Company (GORAM). Mr. Martin replaces S.K. Mc- Walter, who is returning to Gulf Oil Canada, Ltd. He will represent Gulf Oil Corporation in all aspects of its business in

  • to the Shipping Corporation of India (SCI) to build nine new ships—six 45,000-dwt product tankers and three cellular container vessels—in South Korea at a total cost of $396 million. Originally, SCI wanted to build six of each type, but had to scale down its containership order because of India's

  • to the Shipping Corporation of India (SCI) to build nine new ships—six 45,000-dwt product tankers and three cellular container vessels—in South Korea at a total cost of $396 million. Originally, SCI wanted to build six of each type, but had to scale down its containership order because of India's

  • Ranking Korean maritime and diplomatic officials visited the Port of Oakland for the formal signing of a Sister Port affiliation between the Port of Oakland, Calif., and the Port of Inchon, Republic of Korea. Heading the Korean delegation were Young Woo Chang, director general, Planning and Managemen

  • Reederei D. Oltmann KG of Bremen have placed orders for two multipurpose/container ships with Korea Shipbuilding and Engineering Corporation in Pusan and have retained Technical Marine Planning Ltd., a London consulting naval architecture and marine engineering firm, for the development of the

  • , with U.S. headquarters in Union, N.J., and manufacturing centers in New Orleans and San Francisco, recently entered a joint venture with the Seoul, Koreabased Daihan Ink & Paint Company. The merger is now registered as International Paint (Korea) Ltd. The venture was formed in order to effectively

  • MN Mar-26#19 includes plans with Japan and Korea. The contract with Rauma)
    March 2026 - Marine News page: 19

    Maritime Action Plan (MAP) describes the “allied” construction partnerships as a “Bridge Strategy.” ICEPACT LET’S already includes plans with Japan and Korea. The contract with Rauma Marine Constructions Oy in- cludes up to two ASCs to be built in Finland, with deliv- ery of the ? rst vessel expected in

  • MN May-26#34 15-year life in 2016 in South Korea and now this project being)
    May 2026 - Marine News page: 34

    the ATB to cations. Amtech applying one of the ? rst polymer coatings trade in new chemical markets and establish a 15-year life in 2016 in South Korea and now this project being the extension to support the investment and business model. ? rst completed in the United States. Add the fact that Ad- New

  • MN May-26#33 costs docking in South Korea during 2026, Amtech has)
    May 2026 - Marine News page: 33

    get ahead should be debated. of the costs coming down the road. With six ships dry- The simple truth is U.S. domestic shipbuilding costs docking in South Korea during 2026, Amtech has already will increase and not decrease in the short term. With experienced in? ated costs with the ? rst vessel of over

  • MN May-26#31 based upon an aggressive move- Korea, more than several opportuni-)
    May 2026 - Marine News page: 31

    or Northwest passage. building experience in Markets and energy aside, the rhetoric A both the U.S. and South is now based upon an aggressive move- Korea, more than several opportuni- ment to reestablish U.S Shipbuilding. ties have landed on our desks as Pri- The U.S. chaos builds upon the es- vate

  • MR Apr-26#59 was commissioned by South Korean ship- selected to replace)
    April 2026 - Maritime Reporter and Engineering News page: 59

    In the Shipyard From Design to Delivery 80m, Six-Engine High Speed RoPax © INCAT CROWTHER Incat Crowther was commissioned by South Korean ship- selected to replace the aging Ro-Pax service on these critical builder Kangnam Corporation (Kangnam) to design a new routes, with a vehicle deck capable of

  • MR Apr-26#55 built for Hana Shipping of Korea to support to support)
    April 2026 - Maritime Reporter and Engineering News page: 55

    , as exempli? ed by the ? oating wind construc- These vessels can have up to 12,000 meters of winch cable tion vessel being built for Hana Shipping of Korea to support to support deployment of scienti? c equipment, and this may mooring operations, cable laying, and other complex construc- need to be

  • MR Apr-26#47 , most notably China and South Korea, both of whom the Japanese)
    April 2026 - Maritime Reporter and Engineering News page: 47

    , reach and ? nancial returns, though, have suffered from the onslaught of competition from its HIPYARD Asian counterparts, most notably China and South Korea, both of whom the Japanese contend bene? t from both overt and covert state ? nancial intervention. By the measure of output, Japan’s position

  • MR Apr-26#45 Somerville during his time in Korea – a letter then spent)
    April 2026 - Maritime Reporter and Engineering News page: 45

    , he recalled a letter from former ABS mers on the Maine coast, sailed ships, met his wife on one, and Chairman Robert Somerville during his time in Korea – a letter then spent three decades at ABS, maybe that makes perfect sense. he still holds. “I was in Korea, and I was a surveyor at the ship- Maritime

  • MR Apr-26#39 who have grown up at ABS, in Korea, one of the most in?)
    April 2026 - Maritime Reporter and Engineering News page: 39

    business and the household language. the helm at ABS, the world’s largest classi? cation society and He has three children who have grown up at ABS, in Korea, one of the most in? uential organizations in global shipping at London, Singapore and many other places, and those experi- a time when the industry

  • MR Apr-26#25 . Japan and South Korea are both building new)
    April 2026 - Maritime Reporter and Engineering News page: 25

    , the grow- ing Chinese market offers an opportunity for European design- ers and specialist ship machinery and equipment manufacturers. Japan and South Korea are both building new Polar re- search icebreaker vessels and South Korean yards have re- cently won the Swedish tender to build a new Baltic escort

  • MR Apr-26#23 Europe, China, Japan, South Korea and Taiwan). Canada has)
    April 2026 - Maritime Reporter and Engineering News page: 23

    icebreaker ? eet renewal programs and lever- age the cost & time bene? ts associated with operat- ing ships on the NSR (to Europe, China, Japan, South Korea and Taiwan). Canada has a large Arctic coastline requiring signi? - cant icebreaking capacity. Canada’s icebreaking ? eet is operated mainly by

  • MR Apr-26#18 forecast is ~230GW, of Korea and Taiwan) will continue)
    April 2026 - Maritime Reporter and Engineering News page: 18

    increases and political headwinds. enter the market. The big three EAPAC players (Japan, South The 2035 commissioned capacity forecast is ~230GW, of Korea and Taiwan) will continue to advance offshore wind which over 90% features bottom-? xed technology. Europe ac- auctions and capacity development

  • MN Jan-26#37 . “The U.S. gov- ence in South Korea, related to cooperation)
    January 2026 - Marine News page: 37

    capability of building a nuclear- dum of Agreement (MOA), signed at a high-level confer- powered submarine for the U.S. Navy. “The U.S. gov- ence in South Korea, related to cooperation for both naval ernment’s commitment to nuclear-powered submarine and commercial vessel construction. In a press release re- capabi

  • MR Nov-25#69 Robots: Fabric Muscle” The Korea Institute of Machinery)
    November 2025 - Maritime Reporter and Engineering News page: 69

    ? ows, but by bringing real-time unlimited simulations across voyages age fuel savings across key global routes. Wearable Robots: Fabric Muscle” The Korea Institute of Machinery and Materials (KIMM) unveiled a break- through in wearable robotics: an automated system that continuously weaves ultra- thin

  • MR Nov-25#61 Union, Japan and South Korea and pressure on NATO al- lies)
    November 2025 - Maritime Reporter and Engineering News page: 61

    unclear on goods traded under the Canada-US-Mexico Agreement (CUSMA), signed in 2018 and updated in 2019), the European Union, Japan and South Korea and pressure on NATO al- lies to contribute more in ? nancial terms to the alliance. It does not mean that deals will not be made, but the environ- ment

  • MR Nov-25#34 project and our Amtech South Korea teams provided previ- historic)
    November 2025 - Maritime Reporter and Engineering News page: 34

    . An- chor Sandblasting & Coating of Tampa agreed to take on the was to provide additional operational performance beyond project and our Amtech South Korea teams provided previ- historic tug tow line. In 1981, the USCG recognizing the ATB ous coating experience from our new construction contracts in safety

  • MR Oct-25#14 , a larger ti? cate to HD Korea Shipbuilding & Offshore)
    October 2025 - Maritime Reporter and Engineering News page: 14

    North Sea ports. Image courtesy NCL Image courtesy Kongsberg Maritime can cope in all situations, but with a battery system, a larger ti? cate to HD Korea Shipbuilding & Offshore Engineering PTO can be installed while still enabling smooth operation of and HD Hyundai Heavy Industries for their MVDC

  • MT Sep-25#51 exercise with the Republic of Korea divers with a wet suit)
    Sep/Oct 2025 - Marine Technology Reporter page: 51

    Becky prepares to dive in the KM 37 NS during a joint dive- Jones prepared to make a dive in the Mk 21 helmet and-salvage exercise with the Republic of Korea divers with a wet suit garment. at Chinhae Naval Base, May 30, 2023. 120 pounds. While lighter, the Mk 12 still presented ergo- hotwater suit during

  • MN Sep-25#29 tier foreign yards in South Korea, Japan and former maritime)
    September 2025 - Marine News page: 29

    Yet most of us in shipbuilding understand the ma- sisted of new legislation capable of delivering us back to our jority of top tier foreign yards in South Korea, Japan and former maritime dominance. Before that legislation reached China started as repair yards. the Senate ? oor, the next series of reports

  • MN Sep-25#4 foreign yards in South Korea, Mike Kozlowski • kozlowski@)
    September 2025 - Marine News page: 4

    all of the wrong reasons. Yet most of us in Tel: 561-732-1659 Fax: 561-732-8063 shipbuilding understand the majority of top-tier foreign yards in South Korea, Mike Kozlowski • [email protected] Japan and China started as repair yards. Tel: 561-733-2477 Fax: 561-732-9670 Gary Lewis • lewis@offshore-en

  • MR Aug-25#60 purchases of U.S. South Korea have a thriving submarine)
    August 2025 - Maritime Reporter and Engineering News page: 60

    , green? eld start- ules remain years behind. Our allies in taining the accountability and results- ups and recent foreign purchases of U.S. South Korea have a thriving submarine driven approach that private industry facilities will follow the defense funding. industry that was built on their proven

  • MR Aug-25#34 is already active in South Korea, where approximately )
    August 2025 - Maritime Reporter and Engineering News page: 34

    & Repair Development Co. of Trinidad and Tobago Limited (SRDC) he La Brea Shipyard is a ? agship maritime project model is already active in South Korea, where approximately ? rst conceptualized shortly after the establishment 25% of shipyard labor is sourced from the Indian subcontinent. of the

  • MR Aug-25#32 already knew: China, South Korea, Turkey, The second was)
    August 2025 - Maritime Reporter and Engineering News page: 32

    to ourselves But he also offers a caution: “We’re late to realize what that we could compete and deliver.” other countries already knew: China, South Korea, Turkey, The second was Colonna’s role in the Columbia-class Japan. They invested intentionally in their shipbuilding capa- submarine program—building

  • MR Aug-25#24 tenfold over the past 10 Korea is also looking to the)
    August 2025 - Maritime Reporter and Engineering News page: 24

    Heavy Industries Cebu, but Viet- (according to Clarksons), taking ? rst place in market share. nam’s shipbuilding has increased tenfold over the past 10 Korea is also looking to the U.S. market. Hanwha Ocean years and is expected to keep growing. has already acquired Philly Shipyard, and is looking to ac-