Filipino Crew of Investigated Ship in South Korea Receive Legal Support from DMW

The 20 Filipino crew members of a ship under investigation in South Korea for alleged cocaine smuggling will receive additional legal assistance from the DMW, Philippine embassy, and Migrant Workers office. Secretary Cacdac assures their well-being and legal defense while onboard the MV Lutina. Families are also being supported during the investigation.

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Surge in Maritime Accident in Jeju and North Gyeongsang Highlight Need for Enhanced Safety Measures

According to the Maeil Business Newspaper, Jeju and North Gyeongsang are identified as the regions in South Korea with the highest incidence of maritime accidents in 2024. The increase in accidents calls for improved safety measures and cooperation among authorities to address the root causes and enhance maritime safety in these areas.

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South Korea Launches Training Center for Maritime Professionals to Enhance Skills in AI and Green Technologies

South Korea has launched a public-private training center to educate 1,000 professionals annually in areas like AI, environmentally friendly ships, and autonomous vessels. With a total investment of $4.77 million, the center aims to address the shortage of skilled workers in the maritime industry. This collaborative effort highlights the commitment to industry advancement.

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South Korea Strengthens Maritime Safety Measures to Prevent Accidents

Minister Kang Do-hyung vows to implement tougher safety regulations to prevent maritime accidents. Private sector groups, like the Korea Federation of Fisheries Cooperatives, are also taking action to raise awareness and educate stakeholders. These efforts highlight the growing importance of improving safety standards in the maritime industry to protect lives and prevent future accidents.

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Construction Of Nakilat's Six New Gas Carriers Begins

Nakilat Begins Construction of Six Advanced Gas Carriers in South Korea

Qatar Gas Transport Company (Nakilat) has started building six new gas carriers at the HD Hyundai Samho shipyard in South Korea. The vessels, including LNG and LPG/ammonia carriers, will be equipped with advanced technologies for efficiency and environmental sustainability. This investment highlights Nakilat’s commitment to meeting global gas transportation demands.

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South Korea distributes 260 billion WON to improve the competitiveness of the shipbuilding

South Korea Invests 260 Billion WON to Boost Shipbuilding Competitiveness and Sustainability

The South Korean government plans to invest 260 billion WON this year to enhance the competitiveness of the shipbuilding sector. Funds will be allocated for environmentally friendly ships, digital transformation, and autonomous ships. Research projects will focus on wind-supported drive devices, electric ships, and ammonia-driven vessels. This investment aims to strengthen the industry and promote innovation.

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Amogy Expands Operations To South Korea

Amogy Expands into South Korea to Drive Ammonia-Powered Energy Solutions

Amogy, a provider of ammonia-to-power solutions, has expanded into South Korea by opening an office in Pangyo Techno Valley. This strategic move brings Amogy closer to established investors and partners in the region, including SK Innovation, Samsung Heavy Industries, and Hanwha. South Korea’s early adoption of clean tech influenced Amogy’s decision to establish a local presence.

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The South Korean government offers subsidies for the construction of environmentally friendly ships

South Korea Invests $150 Million in Eco-Friendly Shipbuilding to Reduce Emissions

The South Korean government is investing 222.3 billion KrW ($150 million) to support the construction of 81 environmentally friendly ships. Companies can receive subsidies of up to 30 percent for building eco-friendly vessels, promoting sustainability in the maritime industry. This initiative aims to reduce greenhouse gas emissions and combat climate change on a global scale.

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South Korea and India collaborate to seize global shipbuilding business

India and South Korea Collaborate to Boost Shipbuilding Industry for Future Growth

A high-level delegation from Hanwha Ocean Co. Ltd. of South Korea, led by Senior Vice President Jin Su Lee, recently visited India to explore collaboration opportunities in the shipbuilding industry. Both nations are interested in working together to strengthen their positions, with India aiming to be among the world’s top 10 shipbuilders by 2030.

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Hanwha Ocean is looking to collaborate with Indian shipbuilding companies

Hanwha Ocean Explores Partnerships with Indian Shipyards to Meet Global Shipbuilding Demand

Due to limited shipbuilding space in South Korea and high global demand for new ships, Hanwha Ocean Co. Ltd. is considering partnerships with Indian shipyards for investment and collaboration. The company needs to offload some orders to meet global demand. India aims to boost its shipbuilding industry with policies supporting growth and green technologies.

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India makes fresh overtures to Korean shipbuilders

India Explores Shipbuilding Partnerships in South Korea to Boost Industry Growth

An Indian delegation led by Secretary T.K. Ramachandran of the Ministry of Ports, Shipping, and Waterways recently visited South Korea’s main shipyards to explore collaboration opportunities. India aims to strengthen its presence in the international shipbuilding industry and plans to add 1,000 commercial ships to its fleet over the next ten years.

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South Korean shipyard resumes operations after fatal accident and safety overhaul

South Korea Shipyard: CEEC Denies Work Resumption After Fatal Accidents

The CEEC denied the company’s request to resume work at the Geoje shipyard due to a lack of safety measures post-accident. The review committee found necessary precautions absent after almost two weeks. Hanwha Ocean shipyard had the highest number of reported deaths in South Korea. Implementing strict safety measures is crucial to prevent tragic incidents.

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