SEOUL, Apr. 15 (Korea Bizwire) — South Korea’s top container shipper HMM Co. said Monday it will push to expand its fleet sharply over the next seven years in a bid to boost its competitive edge and secure a stable business base. Under the mid- and long-term strategy, HMM will raise its container shipping capacity [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korean oil refiner GS Caltex Corp. said Friday it has begun the pilot operation of a container ship that runs on its bio marine fuel in collaboration with the shipping company HMM Co. The 6,400 twenty-foot equivalent unit vessel, powered by GS Caltex’s B30 bio marine fuel, will [...]
SEOUL, Aug. 24 (Korea Bizwire) — Global shipbuilding giant Hyundai Heavy Industries (HHI) Group said Monday it has built a very large container ship powered by liquefied natural gas (LNG) for the first time in the world. The group said Hyundai Samho Heavy Industries Co., one of its shipbuilding units, will deliver the vessel with [...]
GEOJE ISLAND, Aug. 12 (Korea Bizwire) — Hundreds of workers put the final touches on the St. Petersburg, one of the world’s largest container ships, at a shipyard in southern South Korea this week as the Asian country pushes to revive its shipping industry. The workers tested marine and electrical systems of the vessel with [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Tuesday it has secured a US$920 million order to build six of the world’s largest container ship. Under the deal with Taiwanese shipping firm Evergreen Marine Corp., Samsung Heavy will build six ultra-large box ships with a capacity [...]
BUSAN, Aug. 29 (Korea Bizwire) — The “Venta Maersk,” setting out to be the first container ship to navigate a route that would pass the North Pole, is expected to leave Busan later today. The vessel owned by Maersk, a Danish business conglomerate, has the capacity to load 2,600 containers, each measuring 20 feet. The [...]