South Korea
Freight rate slump halves HMM earnings to $1.3b in 2025
The company maintains its margin amidst global container market slump.
4 days ago
Freight rate slump halves HMM earnings to $1.3b in 2025
The company maintains its margin amidst global container market slump.
4 days ago
Hanwha Ocean secures WTIV order for offshore wind
The vessel is currently under review for deployment in priority domestic offshore wind projects
127m Korea floating wind vessel to get Kongsberg deck systems
Delivery is scheduled for July 2027.
Newfoundland LNG project advances with Hanwha Ocean partnership
Hanwha will provide engineering and planning.
HD Hyundai’s Avikus scales AI fleet as HMM orders system for 40 ships
Avikus AI takes active navigation control of 40 HMM ships.
HMM to deploy AI navigation on 40 ships in first phase
Three-way pact splits roles: data provision, platform support, and solution development for joint technical work.
M.AX Alliance to accelerate autonomous ship tech dev’t with South Korean operations
Korea unites shipbuilding and AI sectors under autonomous initiative.
Hanwha Ocean to automate shipbuilding operations by 2030
The robotics system is under development for welding and cable installation.
HMM updates East-West service network for April 2026 launch
Newbuild ships will bolster added trade routes
Hanwha Ocean secures ABS AiP for OT cybersecurity solution
This validates UR E26/E27-compliant offshore cyber model.
Korean, US firms collaborate on manufacturing automation for shipbuilding
The tri-party MOA leverages decades of US-South Korean shipbuilding expertise.
Hanwha Ocean delivers second Cadeler turbine vessel ahead of schedule
Wind Mover WTIV will support the rapidly growing offshore wind market in Europe.
HMM holds naming ceremony for 9,000 TEU methanol-powered containership
This is one of the vessels capable of reducing carbon emissions by up to 65%.
HD Hyundai delivers 5,000 ships
This covers 700 ship owners in 68 countries.
HMM and B International Shipping & Logistics form JV for LPG shipping expansion
The companies will operate two two VLGCs each with a capacity of 88,000 CBM.
ABS issues PDA certificate to Samsung Heavy for SCBM system
This technology supports state awareness and maintenance for a vessel’s machinery operation.
ABS approves Samsung Heavy Industries’ hybrid floating offshore wind structure
This aims to improve production and deployment processes.
