Stocks dropped 1.5 percent after the U.S. administration announced its plan to impose tariffs on all imported cars. The won ...

A Trump proposal to impose fees on Chinese vessels has faced resistance from an array of American businesses who say it would ...

Samsung Heavy Industries Co., a major Korean shipbuilder, has made a breakthrough in its liquefaction technology for floating ...

Hanwha Aerospace (Hanwha Aero) decided to raise 3.6 trillion won through a capital increase, following a purchase of 7.3% ...

Hanwha CEO Son Jae-il pledges to boost shareholder value amid capital increase CEO Son Jae-il: We aim to capitalize on opportunities in the naval defense sector for long-term growth.

Evergreen Marine Corp is spending over $1bn to take control of 10 of the largest chartered container vessels in its fleet.

Hanwha Ocean's smart ship solution receives ABS Tier 3 approval. Find the latest news from the maritime industry on the PortNews website.

Korean defense giant Hanwha Aerospace's abrupt decision to raise 3.6 trillion won ($2.5 billion) through a stock sale sent shock waves through the local financial market Friday, sparking criticism ...

Canada should never find itself in a position where the defence of its national territory has become the responsibility of ...

Maintenance in theater reduces downtime and costs and enhances operational readiness, the U.S. Naval Forces Korea said.

Despite the potential boost from US policies, South Korea still has a long way to go in closing the market share gap with ...

Hanwha Group is facing mounting criticism in the capital market following its unexpected decision on Thursday to issue 3.6 ...