The Philippines’ Department of National Defense (DND) is preparing to sign a ₱34-billion ($585 million) contract to acquire ...

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

The 7.8 trillion Korean won-scale Korean-type Aegis destroyer (KDDX) project was decided to proceed with a competitive ...

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

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 ...

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

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

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

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

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

HD Hyundai Heavy Industries will begin designing a customized submarine for the Peruvian Navy starting next January. Based on ...