Commander, U.S. Naval Forces Korea (CNFK) conducted a ribbon-cutting ceremony February 19, officially opening its headquarters in Busan and ushering in a new era of U.S. and Republic of Korea Navy (ROKN) alliance. The ceremony, attended by dignitaries and senior U.S. and ROK military leaders, marked the completion of CNFK's relocation to Busan making it the only U.S. military headquarters in Korea located on a ROK base. "Five years in the planning, but 59 years in the making, Commander Naval Forces Korea is home in Busan," Rear Adm. Bill Byrne, commander of CNFK, said. "We are where we belong, shoulder-to-shoulder with the Republic of Korea Navy." The relocation from Seoul to Busan enhances the alliance between the ROK and U.S. navies by enabling closer collaboration and communication and reinforces the strong relationship between the partner navies. "Together we will continue to serve this nation, strengthen our friendship, and nurture this alliance," Byrne said. "This partnership, like this building, will stand the test of time." ROKN Vice Adm. Lee, Ki-sik, commander of the ROK fleet in Busan, highlighted the importance of the partnership and the role this move will play in future operations.
Commander, U.S. Naval Forces Korea (CNFK) conducted a ribbon-cutting ceremony Feb. 19, officially opening its headquarters in Busan and ushering in a new era of U.S. and Republic of Korea Navy (ROKN) alliance. The ceremony, attended by dignitaries and senior U.S. and ROK military leaders, marked the completion of CNFK's relocation to Busan making it the only U.S. military headquarters in Korea located on a ROK base.
Rolls-Royce has reached a milestone in the Republic of Korea Navy’s FFX frigate program, with the successful completion of acceptance tests for the MT30 gas turbine. The MT30, which will power the FFX Batch II frigates, is the world’s most power-dense marine gas turbine, meaning it packs in the maximum power into the smallest available space on board the ship, Rolls-Royce said. The FFX Batch II program is for eight ships
Coast Guard search and rescue crews were relieved by Republic of Korea assets on Saturday in their search for 26 crewmembers from the fishing vessel 501 Oryong that capsized Nov. 30, 2014, near Chukotka, Russia, in the Bering Sea. The Coast Guard completed more than 24 searches covering more than 4,576 square miles utilizing two cutters, two helicopters, and multiple airplanes. Coast Guard crews will continue to partner with the Republic of Korea to provide search and rescue
North Korea's military warned on Friday of "unannounced targeted strikes" against South Korea's navy, accusing the South of violating its territorial waters off the peninsula's west coast, the scene of deadly naval clashes in the past. Pyongyang's warning came during the annual crab fishing season, which runs until June in the waters off the west coast of the Korean peninsula. Naval forces from the two Koreas clashed during the same month in 1999 and 2002
Caterpillar Marine has announced Cat power solutions have been selected to power 16 new build Patrol Boats for the Republic of Korea Navy (ROKN). Each Patrol Boat will be equipped with two Cat C32 main propulsion diesel engines and two Cat C9 ship service diesel generators. The first Patrol Boats will be constructed at the Hanjin Heavy Industries and Construction (HHIC) shipyard in Korea. Cat dealer Hae In led the Caterpillar efforts on the project and will continue to manage the
Commander, Carrier Strike Group (CCSG) 7, Rear Adm. Charles Martoglio, thanks a local child after receiving a lei from a local area child during a port visit to Busan, Republic of Korea. The Ronald Reagan is visiting Busan in conjunction with Exercise Reception, Staging, Onward Movement and Integration/Foal Eagle (RSOI/FE) 2007. The Ronald Reagan Carrier Strike Group is underway on a surge deployment in support of U.S. military operations in the Western Pacific. U.S
- Mine countermeasures ship USS Patriot (MCM 7) pulls into port at Marine Corps Air Station Iwakuni, becoming the first U.S. Navy ship to utilize the air base’s recently built port and harbor facility. While in Iwakuni, crew members of the Sasebo, Japan-based ship will have an opportunity to interact with the local population and Iwakuni-based Japanese Self Defense Force personnel. U.S. Navy Photo by Mass Communication Specialist 2nd Class Adam R. Cole
Raytheon Anschütz has been rewarded a contract to deliver navigation and control systems for six submarines of type U214. The second batch of U214 submarines for the Republic of Korea Navy will be built under responsibility of ThyssenKrupp Marine System’s shipyard HDW at Daewoo Shipbuilding and Hyundai Heavy Industries in Korea. On February 20 Raytheon Anschütz has signed a contract to supply a comprehensive package of navigation and control systems for the submarines
South Korea is moving ahead to introduce refurbished S-3 Viking anti-submarine warfare (ASW) planes to counter threats from North Korea, Yonhap reported quoting a military source. The proposal to incorporate 12 former U.S. Navy Vikings into service was approved late last month by a military program review group, say sources. The latest development comes after the Navy proposed taking over 20 Vikings that have been kept in storage since 2009 to shore up the
The U.S. Navy’s newest and most technologically advanced surface ship, future USS Zumwalt (DDG 1000), pulled into Naval Station Norfolk Wednesday for another port visit as part of its three-month journey to its new homeport in San Diego.
Though Busan Port, the largest customer of Hanjin Shipping and hit hardest by the Liner's collapse, asserts that everything is under control, doubts are being raised on Hanjin rehab plan as ships clog at the South Korean port, reports Reuters.
Cash from top shareholder, executives should cover offload costs. South Korea's government said cash held by Hanjin Shipping Co Ltd and funds pledged by its parent group should meet the costs of unloading some $14 billion in cargo stranded on vessels operated by the troubled container line.
Concerns were growing again over liquidity woes of Soth Korea's largest shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME), as the Angolan oil major Sonangol EP is likely to delay the takeover of its drill ships once again.
Hyundai Merchant Marine Co Ltd said on Thursday it will deploy vessels on routes that bankrupt Hanjin Shipping used to use from South Korea to the United States and Europe, it said in a statement on Thursday. Hyundai Merchant Marine said it will start on Sept
The problems that collapsed South Korea’s Hanjin Shipping could be just the tip of the iceberg. Its fleet is either stuck in ports or unable to dock, with port authorities fretting that the company will not be able to pay its bills.
South Korea’s troubled container shipper Hanjin Shipping Co Ltd has filed for bankruptcy in the United States to protect its vessels from being seized by creditors, the Wall Street Journal reported. Hanjin filed for protection under chapter 15, the section of the U.S
London Offshore Consultants (LOC) has clinched its first ever windfarm project work in the Asia Pacific region. LOC in Korea has been jointly appointed by reinsurers Swiss Re and Korean Re as the marine warranty surveying service provider for the Tamra Wind Farm project.
As most of Hanjin Shipping Co's assets are stranded at sea or in ports world-wide, the the South Korean company is seeking to protect assets world-wide. Hanjin Shipping’s government-backed creditors are ready to provide the collapsed carrier with roughly 100 billion won
South Korea’s second-largest container line Hyundai Merchant Marine Co Ltd is in talks with South Korean firms such as home appliance makers Samsung and LG to carry their cargo, Reuters reported quoting the chairman of South Korea's Financial Services Commission.
South Korea’s troubled shipbuilder Hyundai Heavy Industries Co. announced that it has been selected as the preferred bidder for a 12-oil tanker contract worth $660 million of Russia’s Sovcomflot, reports Korea Herald.
The collapse of Hanjin Shipping is expected to cause difficulties with port operations and shipping lines for 2 to 3 months, the U.S. Department of Agriculture said in a report published on Thursday. The failure of the world's seventh-largest container carrier is also expected to delay
South Korea’s biggest shipping company, Hanjin Shipping Co Ltd filed for court receivership in South Korea on Wednesday 31 August 2016 after losing the support of its banks, setting the stage for what has now become a motley situation. Ince & Co's Knowledge Bank takes a look
Italian shipbuilding giant Fincantieri SpA and Dutch counterpart Damen Shipyards Group are in the running to buy STX France, which has been put on the block by Korean debt-ridden parent STX Offshore & Shipbuilding Co, reports WSJ.
The South Korean government, long a bastion of support for the country's big conglomerates, is sticking to its hard-line stance on Hanjin Shipping Co Ltd , whose collapse is roiling global supply chains. Since the world's seventh-largest container carrier filed for court receivership in late