Bodies of Remaining USS John S. McCain Sailors Recovered

U.S. Navy and Marine Corps divers have now recovered the remains of all 10 USS John S. McCain (DDG 56) Sailors.

S. Korean shipyards forecast to see steady rise in new orders

South Korean shipyards are expected to clinch a decent number of new orders during the second half of the year,...

S. Korean shipyards estimated to have clinched record new orders in first half

South Korean shipbuilders, led by Hyundai Heavy Industries Co., are estimated to have clinched a record number of...

S. Korea’s seaport cargo edges down 0.5 pct in May

Cargo processed at South Korean seaports edged down last month from a year earlier due to a drop in...

China’s imports of S. Korean shipbuilding parts surge through April

China’s imports of shipbuilding parts and equipment produced by South Korean firms surged this year, aided...

S. Korean Government Mulls Extending Special Employment Assistance for Shipbuilders

The government has decided to consider extending the period of providing special employment assistance for shipbuilders undergoing restructuring.

S. Korean buyers seek more Brent-linked crude to replace Mideast oil

Oil buyers in South Korea are expected to take advantage of relatively cheap Brent against Dubai and step up purchases of low-sulphur crude in early third quarter, reducing demand for the Middle East oil, four refining sources said on Friday.