Korea fines DSME $13.8m for unfair treatment of subcontractors

  The Korea Fair Trade Commission has fined Daewoo Shipbuilding and Marine Engineering (DSME) for unfair…

Nigeria, Korea pledge to deepen cooperation in shipping

  Nigeria and South Korea have agreed to intensify their collaboration in trade and shipping development.…

Korea’s share of global shipbuilding orders plunges to 4%

  The Korean shipbuilding industry is being hit hard by the new coronavirus. Korea took up…

Korea refutes claims it breached WTO agreement

The South Korean government has refuted claims from its Japanese counterpart that state financial backing of…

North Korea pledges significant growth in bilateral relations with Nigeria

The Democratic People’s Republic of Korea (DPRK) Ambassador to Nigeria, Jon Tong Chol, has promised to…

Mexico slams tariffs on steel pipes from Korea, others

The Mexico economy ministry on Tuesday said it has formally imposed anti-dumping duties on imports of…

Korea approves Maersk’s Hamburg Süd takeover but… 

By Jite Eriabie  The Korean Free Trade Commission (KFTC) has given Maersk Line the green light…

China navy simulates ‘surprise attack’ near Korea 

China’s navy and air force has carried out exercises near the Korean peninsula, practicing to defend…

Korea commits to assist Nigeria implement economic recovery plan 

The Republic of Korea on Thursday reiterated its commitment to assist Nigeria accelerate implementation of the…

Korea to assist Nigeria with implementation of ERGP

The Republic of Korea on Thursday reiterated its commitment to assist Nigeria to accelerate implementation of…

Korea’s big three yards land $9.4bn in new orders in first five months

The embattled big three South Korean shipyards struggling to stay afloat amid the shipbuilding downturn are…

Korea losing port calls after Hanjin Shipping’s bankruptcy

Global shipping companies have reduced their calls at South Korean ports despite adding more worldwide services,…

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