Korea’s arms procurement agency has again postponed a final decision on how to award the Korea Next-Generation Destroyer ...

Korea has launched a public-private working group to push for the development of proprietary liquefied natural gas (LNG) ...

South Korea’s arms procurement agency on Monday decided to choose the lead ship contractor for its next-generation destroyer ...

South Korean stocks opened sharply higher Monday as investor sentiment was boosted by artificial intelligence gains on Wall ...

SEOUL, Dec. 22 (Yonhap) -- South Korean stocks traded sharply higher late Monday morning as big-cap tech shares delivered ...

Once a maritime superpower, India now pays $75 billion annually to foreign ships. Can the Maritime Amrit Kaal Mission close a ...

On Friday, December 19, HD HHI signed a Joint Development Agreement for a Next-Generation Submarine with the Peruvian Navy and Peru’s state-owned shipbuilder, SIMA (Servicios Industriales de la Marina ...

South Korea's petrochemical firms are on track to cut up to 3.7 million metric tons of output under a voluntary plan to overhaul the oversupplied sector and improve flagging profit margins, the ...

The 7.8 trillion Korean won-scale Korean-type Aegis destroyer (KDDX) project, which had been stalled for two years, was ...

South Korea's petrochemical companies are on course to reduce up to 3.7 metric tons of production under a voluntary program to ...

SEOUL, Dec. 22 (Yonhap) -- The state arms procurement agency plans to introduce a selective bidding process to pick a shipbuilder for the country's first homegrown advanced destroyer, officials said ...