Tag: South Korea

February 4, 2020

Hyundai Motor Co. is halting production in South Korea this week because of a component shortage caused by the coronavirus, the first global automaker to suspend output outside China because of the outbreak. The carmaker has been hit by a […]

October 29, 2019

The country’s Ministry of Oceans and Fisheries explained that a customised eco-friendly ship conversion plan would be implemented for each unit based on the type, size and operational characteristics of the vessels. A part of these ships would be converted […]

October 15, 2019

South Korea unveiled plans to speed up the adoption of electric cars, self-driving vehicles and even flying automobiles in the coming years to help revive a sagging economy. President Moon Jae-in said in a speech Oct. 15 that Korean companies […]

October 10, 2019

The approval is for the company’s EcoBallast BWMS which consists of filtration with UV treatment during uptake and discharge. This is the 22nd certificate issued by the Coast Guard so far and the second one obtained by HHI. In October […]

September 10, 2019

According to data published by the South Korean Ministry of Trade, Industry and Energy, the country’s shipbuilders received orders totaling 735,000 compensated gross tons (CGTs) in the past month. When it comes to the first eight months of the year, […]

February 12, 2019

The company said that the situation would persist on the back of concerns on a global economic slowdown, Brexit and the US-China trade war. “Liners’ burden of high fuel costs will increase due to the US sanctions against Iran, OPEC […]