SEOUL, May 30 (Korea Bizwire) — HD Hyundai Samho Heavy Industries Co., a South Korean shipbuilder, said Friday it has secured a 386.8 billion-won (US$280 million) order to build two container carriers for a client in the Oceania region. The vessels will be delivered in phases to an undisclosed shipping company in Oceania by March [...]
JEJU, South Korea, May 29 (Korea Bizwire) — China’s installation of steel structures in the overlapping sea zone with South Korea raises a question about whether it is seeking to turn the area into another South China Sea, a former U.S. ambassador to Seoul said Thursday. Harry Harris, a former commander of the U.S. Pacific [...]
SINGAPORE, May 29 (Korea Bizwire) — The United States is looking to “modernize” its alliance with South Korea and “calibrate” U.S. force posture on the Korean Peninsula to deter China, a senior U.S. defense official said Thursday, apparently leaving open the possibility of an adjustment to the U.S. Forces Korea (USFK) presence. In a press [...]
SEOUL, May 29 (Korea Bizwire) — Hanwha Ocean Co., a major South Korean shipbuilder, said Thursday it has signed preliminary agreements with two Polish shipyards to cooperate on naval vessel construction and maintenance. The company signed separate memorandums of understanding (MOUs) with PGZ SW and Nauta Shipyard during the ongoing International Maritime Defense Industry Exhibition [...]
SEOUL, May 29 (Korea Bizwire) – The government is currently asking the United States to provide information to South Korean visa applicants regarding the reported suspension of new student visa interviews, the foreign ministry said Thursday. Foreign ministry spokesperson Lee Jae-woong made the remarks during a press briefing, a day after reports emerged that the [...]
SEOUL, May 29 (Korea Bizwire) — In a landmark ruling, South Korea’s Patent Court has confirmed that foreign companies selling patent-infringing products through overseas e-commerce platforms can be held accountable under Korean patent law — if their sales target domestic consumers. The ruling, handed down by the 21st Civil Division of the Patent Court, sided [...]
SEOUL, May 28, 2025 — A potential eruption of Japan’s Mt. Fuji is unlikely to cause significant volcanic ash fallout in South Korea, according to South Korean disaster response authorities and experts. The Ministry of the Interior and Safety held a high-level meeting Tuesday with members of the Volcanic Disaster Preparedness Committee, the Korea Meteorological [...]
ULAN BATOR, May 28 (Korea Bizwire) — South Korea, in partnership with the OECD, has unveiled a comprehensive strategy to help Mongolia confront its growing water crisis, as climate pressures and overreliance on groundwater threaten supplies across the country. The proposal, announced Wednesday at the Mongolian Agency for Meteorology and Environmental Monitoring in Ulan Bator, [...]
SEOUL, May 28 (Korea Bizwire) — Business leaders of South Korea and Japan on Wednesday agreed to expand bilateral cooperation in artificial intelligence (AI), semiconductors and other key sectors while supporting Seoul’s efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The agreement was part of a joint statement adopted during the [...]
JEJU, South Korea, May 28 (Korea Bizwire) — South Korea and Japan should step up dialogue and coordination on shared security and economic challenges, such as U.S. tariff measures, as such efforts would benefit both countries amid uncertain policy directions in Washington, a former senior Japanese diplomat said Wednesday. Kenichiro Sasae, who served as vice [...]