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SM KLC spins off LNG business
[Shipping]
SM KLC (Korea Line Corporation) announced through a regulatory filing on March 5 that the Korean shipping giant spins off its LNG transportation and associated businesses in order to set up a new special subsidiary. Such a move aims to enhance...
2020-03-16 09:09:09
Korea to set up autonomous ship test center
[Shipbuilding]
An autonomous ship demonstration center is to be built in Goneul district, Dong-gu, Ulsan Metropolitan City, Korea. According to industrial source, the center into which KRW 18.86bn (approximately $15.5m) funds are injected will ha...
2020-03-16 09:05:04
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