In 2025, Korea's industrial sectors saw mixed fortunes. Automobiles and petrochemicals struggled under the impact of high U.S. tariffs and the Russia-Ukraine war, while shipbuilding and defense ...

South Korea’s biggest shipping company plans to invest 15 trillion won ($11.4 billion) by 2026 on new ships and terminals to strengthen its competitiveness and comply with tighter environmental ...

There is speculation that HMM, which aims to increase its bulk carriers, could resume its bid to acquire Polaris Shipping. HMM plans to invest 5.6 trillion won to expand its bulk fleet from 38 ships ...

SEOUL, Sept. 12 (Yonhap) -- HMM Co., South Korea's largest shipping company, said Friday it has signed a 430 billion-won (US$309 million) transportation deal with Vale S.A., Brazil's top mining ...

SK Shipping and H-Line Shipping have decided to relocate their headquarters to the southeastern port city of Busan, in line with the government's push to transform the port city into a maritime hub, ...