SEOUL, July 31 (Korea Bizwire) — Two crew members suffered injuries as a Navy warship caught fire while entering a naval port in the southeastern city of Jinhae on Thursday, the Navy said. The fire occurred at an auxiliary engine system on the ROKS Hyang Ro Bong as the landing ship was entering the port [...]
SEOUL, March 26 (Korea Bizwire) – The Navy held a ceremony Wednesday to honor sailors killed during the 2010 sinking of the Cheonan corvette by a North Korean attack in the Yellow Sea. The 1,200-ton warship sank near the western Northern Limit Line, a de facto inter-Korean maritime border, in March 2010, after a North [...]
SEOUL, Feb. 25 (Korea Bizwire) — The state defense procurement agency signed an initial agreement Tuesday with major shipbuilders Hanwha Ocean Co. and HD Hyundai Heavy Industries Co. to promote cooperation in warship export projects, according to officials. Under the memorandum of understanding (MOU), the three sides will work together to win overseas warship deals, [...]
SEOUL, Jul. 22 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a deal with U.S. Naval Supply Systems Command to join potential projects for the repair and maintenance of U.S. warships. Under the Master Ship Repair Agreement, Hanwha Ocean will be eligible for repair and maintenance projects for [...]
SEOUL, Mar. 29 (Korea Bizwire) — South Korean shipbuilder HD Hyundai Heavy Industries Co. said Friday it has received a US$463 million order in Peru to jointly build four warships with a local shipyard by 2029. Peru’s state-owned shipbuilder SIMA Peru S.A. placed the order for joint production of one 3,400-ton frigate, one 2,200-ton deepwater [...]
SEOUL, March 15 (Korea Bizwire) — Daewoo Shipbuilding & Marine Engineering Co., the world’s fourth-biggest shipbuilder by orders, said Tuesday it has signed an initial pact with a British shipbuilder for warship technology development. Daewoo Shipbuilding has signed a memorandum of understanding with Babcock International for a “strategic partnership” in developing technologies in aircraft carriers, [...]
SEOUL, Jan. 18 (Korea Bizwire) — South Korea has moved its anti-piracy naval unit operating near the Strait of Hormuz away from the waterway to foster a positive mood ahead of negotiations with Iran over a seized oil tanker and its sailors, a diplomatic source said Monday. The retreat of the Cheonghae Unit came before [...]
SEOUL, June 10 (Korea Bizwire) — Hyundai Heavy Industries Co., a major shipyard, will enhance its presence in the warship market as part of efforts to boost sales, its parent, Korea Shipbuilding & Offshore Engineering Co., said Wednesday. The company said a 26,000-ton warship, named Aotearoa, built by the shipbuilder left Ulsan, southeast 414 kilometers [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s military on Thursday released five photos captured from two videos of a Japanese warplane’s “threatening” low-altitude flyby close to its destroyer a day earlier. The disclosure came as Tokyo rejected Seoul’s claim that its P-3 maritime patrol plane buzzed by South Korea’s 4,500-ton destroyer Daejoyeong at an [...]
SEOUL, Sept. 6 (Korea Bizwire) — A Japanese warship carrying a controversial flag symbolic of its past imperialism are expected to join an international fleet review slated to take place on South Korea’s southern island of Jeju next month, a military source in Seoul said Thursday. The display of Japan’s Rising Sun flag is likely [...]