KSOE to develop large-capacity fuel cells with Europe's research center

KSOE to develop large-capacity fuel cells with Europe's research center

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai Co., has decided to develop fuel cells for mar...

Pan Ocean to transport energy products for Portugal's Galp

Pan Ocean to transport energy products for Portugal's Galp

Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipp...

KAI to develop Korea's first mine-sweeper helicopter

KAI to develop Korea's first mine-sweeper helicopter

Korea Aerospace Industries Ltd. (KAI) is poised to start R&D on a minesweeper helicopter that specializes in removing underwater mines.The compa...

S.Korea's CJ Logistics launches AI-based freight transportation platform

S.Korea's CJ Logistics launches AI-based freight transportation platform

South Korea's CJ Logistics on Thursday said it launched The Unban, a freight transportation platform that directly connects senders and freight truc...

KSOE joins race to buy marine engine maker STX Heavy Industries

KSOE joins race to buy marine engine maker STX Heavy Industries

Korea Shipbuilding & Offshore Engineering Co. (KSOE) has joined the race to acquire South Korean marine engine and equipment maker STX Heavy Ind...

POSCO, Malaysia’s Petros to join forces on carbon capture business

POSCO, Malaysia’s Petros to join forces on carbon capture business

POSCO Holdings Inc., the holding company of South Korea’s top steelmaker POSCO, said on Monday it has joined forces with Malaysia’s ener...

Hyundai Motor signs MOU with OECD's International Transport Forum

Hyundai Motor signs MOU with OECD's International Transport Forum

Hyundai Motor Co. joined hands with the International Transport Forum under the Organization for Economic Cooperation and Development to strengthen ...

LIG Nex1, KAIST, HHI sign MOU for unmanned marine system partnership

LIG Nex1, KAIST, HHI sign MOU for unmanned marine system partnership

South Korea's defense contractor LIG Nex1 Co. took part in the "2022 Yi Sun-sin Defense Industry Exhibition" held at the Jinhae Naval Academy on Wed...

Macquarie bids for transportation card operator Loca Mobility

Macquarie bids for transportation card operator Loca Mobility

Macquarie Asset Management participated in a bid on Dec. 6 to acquire Loca Mobility Corp., Lotte Card Co.’s subsidiary and the second-largest ...

Future transport center to make UAM, autonomous vehicle transfer easy

Future transport center to make UAM, autonomous vehicle transfer easy

The Korean Ministry of Land, Infrastructure and Transport's Metropolitan Area Transportation Committee said on Sunday that it would promote establis...

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group proposes blueprint for sustainable marine utilization solution at 2023 CES

Hyundai Heavy Industries Group will participate in CES 2023, the world's largest information technology trade show, to showcase its maritime strateg...

Hyundai Mobis to use self-running robots at Ulsan plant

Hyundai Mobis to use self-running robots at Ulsan plant

Hyundai Mobis on Sunday said it will develop mobile robots usable at manufacturing sites and logistics hubs as well as a related logistics system ...

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T, KSS Line to jointly transport clean hydrogen, ammonia

Samsung C&T Corp., the construction and trading arm of Samsung Group, is set to build an infrastructure for maritime transportation of clean hyd...

Lawmakers’ move to amend law could rattle Samsung governance

Lawmakers’ move to amend law could rattle Samsung governance

South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell their shares in Sam...

Samsung insurers commit $650 mn to Blackstone's alternative assets

Samsung insurers commit $650 mn to Blackstone's alternative assets

South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...

Lotte Card seeks to sell transportation card subsidiary

Lotte Card seeks to sell transportation card subsidiary

South Korea’s credit card company Lotte Card Co. is slated to sell its subsidiary Loca Mobility Corp., the second-largest public transportatio...

Korea Inc. hit by rising commodity prices, weak won, supply crisis

Korea Inc. hit by rising commodity prices, weak won, supply crisis

South Korea’s major industries, especially the petrochemical and auto parts sectors, are suffering from surging global commodity prices, a wea...

Kakao Mobility to launch car transport service in June

Kakao Mobility to launch car transport service in June

South Korea’s Kakao Mobility Corp. will begin providing drivers for door-to-door auto transport from as early as mid-June, according to tech i...

Hyundai Marine sees huge potential in global data centers

Hyundai Marine sees huge potential in global data centers

Hyundai Marine & Fire Insurance Co. of South Korea is seeking investment opportunities for distressed and special situation strategies with a se...

Hyundai Heavy's engine unit emerges as golden goose

Hyundai Heavy's engine unit emerges as golden goose

Hyundai Heavy Industries Co., a South Korean shipbuilding giant, is seeing its marine engine business unit emerge as the company’s cash cow.Th...

Kospi posts record-high performances in 2021

Kospi posts record-high performances in 2021

South Korean companies listed on the main bourse Kospi broke records in terms of annual sales, operating profit and net profit last year. Some eco...

Hyundai Glovis aims to top global car transport market

Hyundai Glovis aims to top global car transport market

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

Partners Group wins $620 mn Korean LPs mandate for infra

Partners Group wins $620 mn Korean LPs mandate for infra

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

S.Korea's Oct c/a surplus down 40% on oil price rises

S.Korea's Oct c/a surplus down 40% on oil price rises

South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy to rebuild talent pool for tech-driven biz restructuring

Hyundai Heavy Industries Group will deploy more than half of its new hires of R&D in future growth areas such as hydrogen, self-driving vessels,...

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T, S-Oil in hydrogen transport partnership

Samsung C&T Corp., the construction and trading arm of Samsung Group, has tentatively agreed with S-Oil Corp. to cooperate in securing overseas ...

Hydrogen fuel tank maker Iljin Hysolus eyes August IPO

Hydrogen fuel tank maker Iljin Hysolus eyes August IPO

South Korea’s only mass producer of hydrogen tube trailers, Iljin Hysolus Co., previously known as Iljin Composites, plans to be listed on the...

Hyundai Glovis, Changjiu team up to boost China-Europe rail transport

Hyundai Glovis, Changjiu team up to boost China-Europe rail transport

South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transport op...

[Survey] Transport remains top pick for Korean LPs’ 2020 infra investment

[Survey] Transport remains top pick for Korean LPs’ 2020 infra investment

South Korean institutional investors will continue to increase their allocations to overseas infrastructure next year, and transport facilities such a...

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

[Interview] Hyundai Marine sees one or two more buyout fund investments in 2017

Hyundai Marine & Fire Insurance Co. Ltd., South Korea’s second-largest non-life insurer by assets, is considering investing in one or two addition...

S.Korean game developer Krafton acquires Japan’s ADK for $517 million S.Korea's stablecoin frenzy fuels stock rally despite regulatory uncertainty SK Hynix joins Samsung in 200 trillion won market cap club Samsung on hiring spree to bolster US foundry sales LS Electric poised to join Nvidia's supply chain via Vertiv deal