SEOUL, June 5 (Korea Bizwire) — President Lee Jae-myung on Thursday instructed the government to swiftly prepare the relocation of the Ministry of Oceans and Fisheries to the southeastern city of Busan, his office said, one of his major campaign pledges. Lee issued the directive during his first Cabinet meeting since taking office on Wednesday, [...]
SEOUL, Jan. 31 (Korea Bizwire) — The Ministry of Oceans and Fisheries on Monday issued a notice on the action plan for this year’s supply of eco-friendly ships. Under this plan, the ministry will inject a total of 311.9 billion won (US$253 million) into the public sector. It plans to build 46 public ships as [...]
SEOUL, March 28 (Korea Bizwire) — South Korea has landed the exclusive rights to explore a deep-sea manganese pavement mine lot in the western Pacific. Under the contract signed between the Ministry of Oceans and Fisheries and the International Seabed Authority (ISA) on Tuesday, South Korea will be able to explore cobalt rich ferromanganese crusts [...]