S.Korea's leading low-cost carrier Jeju Air posts record-high Q1 results

South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...

Korean shipyards to benefit from record LNG carrier prices

South Korean shipbuilders are expected to benefit from record liquefied natural gas (LNG) carrier prices while bagging more orders for new vessels d...

S.Korea's Air Premia, T'way compete for golden routes to Europe

South Korea's low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...

S.Korea’s Suprema wins order from Saudi Arabia's Neom city project

South Korea’s Suprema Inc., an artificial intelligence (AI)-based security company, on Wednesday said it won a large-scale project in Neom, a ...

Korean builders fare well in Q1 with overseas projects

South Korea’s leading construction companies, led by Hyundai Engineering & Construction Co. (Hyundai E&C), posted modest operating pro...

Number of travelers on S.Korea's LCCs jumped 104-fold in Q1

Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...

HMM, Lotte Fine Chemical to partner for ammonia sea transport

South Korea's HMM Co. and Lotte Fine Chemical Co. have formed a partnership to transport and supply next-generation environmentally friendly fuel, a...

HD Hyundai develops S.Korea's first offshore supply base for ammonia

HD Hyundai Co., the largest shipbuilding conglomerate in South Korea on Wednesday said it developed for the first time in the country a vessel for s...

Samsung SDI unveils super-gap battery tech aimed at Chinese market

South Korea's leading secondary battery maker Samsung SDI Co. is setting its sights on China's battery market with its super-gap solid-state battery...

S.Korea plans to make digital platform gov't based on large-scale AI

South Korean government is pursuing various measures to nurture talent as a way to secure national competitiveness in the AI industry as represented...

KSOE wins order $171 mn for two crude oil carriers

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, announced on Th...

S.Korea's airlines boosting staff amid recovering demand for overseas travel

South Korea's airlines are opening their hiring doors wide open with the resumption of international flights amid demand for overseas travel recover...

S.Korean low-cost carriers keep expanding routes to SE Asia

South Korean low-cost airlines have started expanding their flight routes. It is based on the expectation that there will be a significant incre...

SK Energy opens S.Korea's first hydrogen charging station for large trucks

SK Energy is the first company in South Korea to launch a station for charging large hydrogen-powered trucks. The company on Sunday said it held a c...

Korean PE firm STIC taps Bain & Co senior partner for PE business

South Korean private equity firm STIC Investments Inc. is set to hire Lee Hyukjin, a senior partner of global management consulting firm Bain & ...

Kia plans 'game changer' EV9 launch in US by 4th quarter

South Korean carmaker Kia Corp. on Thursday said it unveiled on Wednesday in New York its large electric sport-utility vehicle EV9 for the first tim...

Samsung Heavy wins order $512 mn for two LNG carriers

South Korea's shipbuilder Samsung Heavy Industries announced on Monday that it had won a contract worth 674.5 billion won ($512.3 million) to build ...

Hyundai Mipo wins $184 mn order four mid-sized PC carriers

Hyundai Mipo Dockyard Co., a subsidiary of HD Hyundai Group's shipbuilding division, has secured a construction contract for four medium-sized PC (p...

Korea's Cafe24 launches customized enterprise service

South Korea's global e-commerce platform Cafe24 Corp. announced on Tuesday the launch of a new page called "Cafe24 Enterprise Service," which is des...

Hyundai Motor, Kia develop ultra-high-temp hydrogen fuel cells with US firm

Hyundai Motor Co. and Kia Corp. has joined forces with Advent Technologies, an American maker of membrane electrode assemblies (MEA), a key componen...

SK Pharmteco again seeks $382 mn in pre-IPO funding

SK Pharmteco Co., a contract development and manufacturing organization (CDMO), is eyeing pre-initial public offering funding again after it dropped...

Korea's KSOE lands $240 mn order for LPG carriers

Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company of South Korea's HD Hyundai Group, said on Monday ...

Samsung Heavy partners with Kongsberg Maritime for autonomous ships

Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg Maritime AS, a Norw...

S.Korea's budget carriers seek expansion via more overseas flights

South Korea's budget carrier Jeju Air Co. on Thursday announced the resumption of flights connecting Incheon to the Vietnamese cities of Ho Chi Minh...

Lotte Fine Chemical, OCI Global join hands for clean ammonia business

Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...

Daewoo Shipbuilding lands record LNG carrier deal from Greece

Daewoo Shipbuilding & Marine Engineering Co., one of the world’s largest shipbuilders,  secured a $512 million contract to build two ...

KSOE wins order for 2 mid-sized gas carriers at $146 mn

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company for HD Hyundai Co., announced on Friday in a regu...

Asiana Airline boosts flights to China as demand recovers

Asiana Airlines Inc. said on Thursday that it would increase its flights to China by nearly nine times from this month, aiming to restore half of it...

Korea's KSOE wins order for 3 LNG carriers at $770 mn

Korea Shipbuilding & Offshore Engineering, a shipbuilding holding company of HD Hyundai Group, has secured a contract for liquefied natural gas ...

EastarJet to resume flights after three years of suspension

South Korean budget carrier EastarJet will resume flights on the domestic Gimpo-Jeju route on Mar. 26 after a three-year hiatus due to the COVID-19 ...