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U.S. Navy Tracks North Korean Ship

According to a June 18 report from Reuters, the United States is monitoring a North Korean ship for weapons and has deployed anti-missile assets to the Pacific in case Pyongyang launches more missiles, U.S. officials said. The U.S. Navy is monitoring a vessel called Kang Nam at sea under new U.N. sanctions that bar North Korea from exporting weapons, including missile parts and nuclear materials, they said. (Source: Reuters)


Ninety North Korean Ships Granted Entry to Japan

Ninety North Korean vessels were granted certificates to enter Japanese ports in the eight months since a new law that bans entry of any ship without insurance took effect, according to a Daily Yomiuri report. The law on liability for oil pollution damage, which came into force on March 1, requires vessels of 100 tons or larger to be insured before docking in Japan. It had been viewed as a de facto economic sanction


Freight Rate Hikes Benefit South Korean Shipping Firms

South Korea’s major shipping companies benefited in 1999 from freight rate hikes and lower foreign debt service costs resulting from the won’s surge against the dollar, analysts said. However, they said, expectations of rising shipping capacity following more deliveries of new ships would weigh down the growth of revenues for shipping firms this year. Container shipping rates rose about six percent on average last year, which is in line with the country’s recovering exports, one analyst said


EU, S. Korea Will Try Last Minute Negotiations

European Union (EU) and South Korean officials meet next week to try to settle a row over alleged subsidies to Korean shipyards and avert an EU threat to take the dispute to the World Trade Organization. Negotiators meet in Brussels on Monday and Tuesday. It could be the last chance for an amicable solution of the row over the EU's allegations that Seoul pays its shipbuilders illegal subsidies, subsidies which it says threaten the existence of European competitors


South Korean Ship Orders Up 127% In 1999

Combined orders received by South Korean shipbuilders totaled 12.72 million gt for 227 ships in 1999, up 127.2 percent from a year earlier, according to the Korea Shipbuilders' Association said. New orders received in December alone totaled 3.71 million GT for 66 ships, the association said in a statement. Ships completed in 1999 amounted to 9.48 million gt for 163 ships, up from 7.28 million gt for 143 ships a year earlier, it said


Pirates Hijack South Korean Ship

According to the Washington Post, Pirates captured a South Korean-flagged fishing vessel off the coast of Somalia on Tuesday and efforts by a U.S. Navy ship and a Dutch vessel to intervene were abandoned when members of the South Korean crew were threatened with guns and the ship slipped into Somali territorial waters, the Navy said. It was the latest in a series of incidents off the coast of Somalia. On March 18, two U.S


Korean Shipbuilder Considers Project in Khanh Hoa

A South Korean ship manufacturer is mulling a project to develop a large-scale shipyard in the coastal central province of Khanh Hoa that should be able to build giant vessels of up to 400,000 DWT, a local official said. A source from the provincial Service of Planning and Investment said South Korea’s STX Shipbuilding Co., a member of STX Group, has proposed to develop a shipyard costing $500m at Van Phong Bay. The proposal has received preliminary support from the provincial


Korean Shipyard Orders Alfa Laval PureBallast

Alfa Laval, a heat transfer, centrifugal separation and fluid handling, has received two orders of record size for Alfa Laval PureBallast systems from two leading ship yards in Korea. The systems will be installed on board 14 vessels built for A.P Møller – Maersk. The total order value is about 80 MSEK and the delivery is scheduled for 2011 and 2012. “These are groundbreaking orders in many ways,” said Lars Renström, President and CEO of the Alfa Laval Group


Shipowners Prefer Korean Rather Than Chinese Shipyards

Tanker owners, as reflected in global market share, prefer to order from Korean shipyards according to a recent analysis According to a Gibson market report, quoted by KOMEC-Korea, as many as half of China's shipbuilders are likely to go out of business over the next two to three years. Korean yards have taken 55% of all new tanker orders placed so far this year. As demand for Eco ships or more specialised tonnage takes off, it is Korean yards which are likely to benefit the most.


Divers Struggle in Search for Ferry Survivors

Rescuers struggle with waves, murky waters; Captain faces charge of abandoning South Korean ferry. About 290 people still missing, many of them teenagers. Rescuers struggled with strong waves and murky waters on Thursday as they searched for hundreds of people, most of them teenagers from the same school, still missing after a South Korean ferry capsized 36 hours ago. Coastguard, navy and private divers scoured the site of the accident


Today in U.S. Naval History: August 6

Today in U.S. Naval History - August 6 1862 - CSS Arkansas destroyed by her commanding officer to prevent capture by USS Essex. 1943 - Battle of Vella Gulf begins. US destroyers sink three of four Japanese destroyers. 1945 - Atomic bomb detonated over Hiroshima, Japan


S. Korean Shipbuilders Top the Table in July

Shipyard scene: File photo

South Korean shipbuilders have shown signs of picking up after overtaking their Chinese rivals to regain the top spot last month, according to Yonhap News Agency. However, the sum of new orders in the January-July period lags well behind China rivals.


Japan Imposes Asset Freeze on N.Korean Shipping Firm

Japan on Friday froze the assets of the operator of a North Korean ship seized for smuggling arms, the Foreign Ministry said, just as Tokyo is engaged in talks with Pyongyang to return Japanese citizens kidnapped by North Korean agents decades ago.


Korea Pledges Full Supports for Shipyards

Korean shipbuilding and offshore plant industry to get full support

  Yoon Sang-Jick, Minister of Trade, Industry, and Energy (MOTIE) of Korea, held a meeting to check pending issues faced by Korean shipbuilding and offshore plant industry at Seoul Palace Hotel recently. The meeting was intended to examine current status of overseas and home industry and


Today in U.S. Naval History: July 2

USS Juneau (CL-119). U.S. Naval Historical Center Photograph.

Today in U.S. Naval History - July 2 1923 - Commissioning of Naval Research Laboratory, Washington, D.C. 1926 - Distinguished Flying Cross authorized by Congress. 1937 - Amelia Earhart disappears in Pacific. Navy conducts extensive unsuccessful search


China & S. Korea Restate Opposition to Nuclear Weapon Development

Chinese President Xi Jinping with South Korean President Park Geun-hye

  Chinese President Xi Jinping with South Korean President Park Geun-hye Thursday reiterated firmly opposed to the development of nuclear weapons on the Korean Peninsula, while undertaking efforts to complete FTA negotiations before the end.


Making Friends: South Korean Admiral Tours China Warship

Similar Type 052C Class Destroyer: Photo in public domain

A South Korean Navy admiral toured a Chinese warship in a rare opening by Beijing to its People's Liberation Army vessel last week during U.S.-led Pacific RIMPAC maritime drills, according to Yonhap News Agency, citing China's defense ministry.


Vic-Press Receives Five New Type Approvals

Vic-Press (Image courtesy of Victaulic)

Approvals from ABS, BV, DNV, Korean Register and Lloyd’s Register add to previous GL approval Victaulic, a manufacturer of mechanical pipe-joining systems, has received type approvals from American Bureau of Shipping (ABS), Bureau Veritas (BV), Det Norske Veritas (DNV)


HHI to Build Two LNGCs for GasLog

Gaztransport & Technigaz (GTT) announced the notification of two Liquefied Natural Gas Carriers (LNGCs) which will be built by the Korean shipbuilder Hyundai Heavy Industries (HHI).  GasLog, a Monaco-based shipping company, has ordered two large-scale LNGCs from the shipbuilder


Today in U.S. Naval History: July 14

USS Forrestal (CVA-59). Photographed by W.F. Radcliff, 1955. U.S. Naval Historical Center Photograph.

Today in U.S. Naval History - July 14 1813 - Lt. John M. Gamble, the first marine to command a ship in battle (prize vessel Greenwich in capture of British whaler Seringapatam) 1853 - Commodore Matthew Perry lands and holds first meeting with Japanese at Uraga, Japan


Mexico Tries to Relaunch Stranded North Korean Ship

Mexican rescue workers were trying to refloat a North Korean vessel stranded in the Gulf of Mexico a few miles from a port where it had planned to load fertilizer, authorities said on Tuesday. The 6,700-metric-ton freighter Mu Du Bong, which had come from Cuba, ran aground on a reef on Monday


UN Throws the Book at North Korea Ship Operator

North Korean Merchant Ship: Photo CCL

A U.N. Security Council committee on Monday blacklisted the operator of a North Korean ship, which was seized near the Panama Canal last year for smuggling Soviet-era arms, and raised concerns about Cuba's military cooperation with Pyongyang.


UN Places Sanctions against North Korean Shippers

The United Nations Security Council has imposed sanctions on the North Korean shippers that operate the vessel Chong Chon Gang, seized by Panama in July 2013 for attempting to smuggle weapons from Cuba to North Korea. According to the UN, the shipping company


US Blacklists North Korean Shipping Firms

The United States on Wednesday blacklisted two North Korean shipping firms, Chongchongang Shipping and Ocean Maritime Management, following a similar move by the United Nations. The United Nations on Monday said Ocean Maritime Management operated a ship detained a year ago near the Panama Canal


Today in U.S. Naval History: August 5

Operation Big Switch Freedom -- Carrying a brand-new navy white hat, Zacheus A. Smith, Jr., hospital corpsman, third class, USN, ... climbs out of an ambulance at Freedom Village, Munsan, Korea, the processing center for returning POWs. (Official U.S. Navy Photograph, from the All Hands collection at the Naval Historical Center)

Today in U.S. Naval History - August 5 1832 - Frigate Potomac is first U.S. Navy ship to entertain royalty, King and Queen of Sandwich Islands, Honolulu 1864 - R.Adm. David Farragut wins Battle of Mobile Bay, sealing off last Confederate port on Gulf Coast






 
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