South Korea’s major shipbuilders saw their combined order backlog surpass 190 trillion won ($139 billion) as of the first quarter, edging closer to the 200 trillion won ($146 billion) threshold. The ...

South Korea’s Hanwha Ocean is poised to dissolve its fabrication joint venture with China Merchants Heavy Industry (CMHI), as ...

South Korea plans to build the world's largest liquefied hydrogen carrier (LHC) for demonstration purposes by 2027 as part of ...

Over 80 percent of U.S. shipyards have closed since the 1980s, and the U.S. builds fewer than five ships per year. Production ...

South Korean officials have downplayed a Czech court’s decision to put on hold an $18 billion project for South Korea to ...

Delegates from more than 100 nations and thousands of participants convened in Busan, South Korea, between April 28 and 30, ...

As the limited capacity in the U.S. becomes a point of concern, attention has naturally turned to two U.S. allies that are ...

South Korean officials have downplayed a Czech court’s decision to put on hold an $18 billion project for South Korea to build two nuclear reactors in the country ...

North Korean leader Kim Jong Un has called for his munitions industry to boost the production of artillery shells, as the ...

South Korea can become a powerful force in Asia by enhancing maritime deterrence, defense exports, and economic security cooperation without confronting China or over-relying on the U.S.

Sources warned the plans could change. If enacted, the changes could open the door to using U.S. chips as an even more ...

Last month, South Korea’s Hyundai announced a $21 billion investment in the U.S. at the White House, including a new $5.8 ...