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Singapore's Temasek has undergone many changes in the last two decades

Posted to Maritime Reporter on August 28, 2025

Singapore's Temasek, the state-owned investment company in Singapore, announced a major restructuring of its operations on Thursday. This is one of the biggest structural changes it has seen in its 51 year history. STRUCTURAL CHANGES In 2011…

HD Hyundai Heavy, a South Korean shipbuilder, merges with HD Hyundai Mipo

Posted to Maritime Reporter on August 27, 2025

HD Hyundai Heavy Industries of South Korea, the largest shipbuilder in the world, announced on Wednesday its intention to merge with HD Hyundai Mipo, as it aims for a larger share of the U.S. market. The company stated that it hopes to lead U.S.

Philippines and U.S. hold joint maritime exercises for the seventh time

Posted to Maritime Reporter on June 5, 2025

Manila's military said that the Philippines and United States have been sailing together in the South China Sea seven times to improve interoperability. The exercise, which was held in the waters near the provinces Occidental Mindoro, Zambales…

South Korea Minister asks for exemptions from US tariffs during Greer Meeting

Posted to Maritime Reporter on May 16, 2025

Ahn Deuk Geun, South Korea's Minister of Trade and Industry, said that he had met with U.S. trade representative Jamieson Greer on Friday and requested a waiver for Washington's tariffs. Ahn said that the South Korean delegation will visit the…

South Korea rejects tariff agreement with US ahead of June 3 snap elections

Posted to Maritime Reporter on April 28, 2025

On Monday, a senior South Korean official said that Seoul will not agree to a package of trade deals with Washington before the June 3 presidential elections. He also noted the challenges in reaching an agreement even by early July. Seoul's…

South Korea rejects tariff agreement with US ahead of June 3 snap elections

Posted to Maritime Reporter on April 28, 2025

On Monday, a senior South Korean official ruled out the possibility of a deal being reached with the United States before the presidential elections in the Asian nation on June 3. He also noted that reaching an agreement even by early July would be difficult.

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