Report: South Korean Shipbuilders to Resume Building Container Cranes?

South Korean shipbuilders could see a return to the container crane market, Yonhap News Agency cited industry sources as saying.

South Korea to Recover Sewol Wreck in Early April

The wreck of the Sewol ferry, which sank almost three years ago with over 300 people on board, may emerge from the water by April 5, South Korea’s Ministry of Oceans and Fisheries (MOF) said.

Report: New Carrier SM Shipping Starts First Service in March

SM Shipping, a new container carrier established by South Korea’s Samra Midas (SM) Group after the group acquired Asia-US route from bankrupt Hanjin Shipping, plans to start its first service on March 8 along the East and the South China Sea, Korean news

Report: Korea Shipping to Buy Up to 10 HMM Vessels

The state-backed ship financing company Korea Shipping is looking to buy up to ten container vessels operated by Hyundai Merchant Marine (HMM), and lease them back to the shipping firm.

Reports: Hanjin Shipping Liquidation Set for Feb 17

The rehabilitation process for the former South Korean shipping giant Hanjin Shipping is set to end on February 17, Yonhap News Agency cited the Seoul Central District Court.

Hapag-Lloyd Names Second 10,500 TEU Ship

German shipping company Hapag-Lloyd named its second new 10,500 TEU containership Cartagena Express at the Hyundai Samho Heavy Industries shipyard in Samho, South Korea, on January 23, 2017.

Incheon Port Reaches 2.5 Million TEU Milestone

Container cargo volumes at South Korea’s Incheon Port exceeded 2.5 million TEUs for the first time ever.