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,…

Korea’s ‘Big 3’ shipbuilders suffering from delayed offshore plant deliveries

Korea’s “Big 3” shipbuilders are suffering from a curse of low oil prices. They are suffering…

Deloitte executive arrested in Korea over Daewoo Shipbuilding fraud

A Deloitte Anjin executive was detained Wednesday on charges of deliberately ignoring a multibillion dollar accounting…

Korea approves $18m grant to AfDB

South Korea has approved $18 million to replenished the KOAFEC Trust Fund domiciled at the African…

U.S., Korea, talking solution for stranded Hanjin ships

The United States of America Commerce Department is in talks with the South Korean government on…