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Saturday, December 20, 2025

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South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.

South Korean submarine contractors jailed for leaking information

Posted to Maritime Reporter on December 17, 2025

A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…

Kawasaki Heavy CEO: Japan's military buildup will propel defence sales over forecast.

Posted to Maritime Reporter on December 17, 2025

The accelerating Japanese defence spending is likely to boost Kawasaki Heavy Industries' sales in the upcoming years above their projections, said its CEO on Wednesday, as contractors profit from an unprecedented military buildup. Sanae Takaichi…

South Korea's fourth successful space rocket launch sends satellites in orbit

Posted to Maritime Reporter on November 26, 2025

The Science Ministry announced that South Korea launched its fourth space rocket, Nuri, on Thursday, putting more than 12 satellites in orbit. This was the first joint launch with a private firm. South Korea launched the Nuri rocket program in 2021.

Australia approves Hanwha’s greater stake in Austal, but with strict conditions

Posted to Maritime Reporter on December 12, 2025

Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…

Hanwha of South Korea and Vatn, a US-based defense startup, will build underwater drones

Posted to Maritime Reporter on December 10, 2025

The South Korean shipping giant Hanwha Group and U.S. defense start-up Vatn Systems have teamed up to develop autonomous underwater drones (AUU) for the U.S. Navy. This is the latest bilateral effort by the two companies to counter China's expanding naval presence.

After a hot streak, defense companies backed by Silicon Valley are experiencing growing pains

Posted to Maritime Reporter on December 8, 2025

The share of Pentagon contracts held by U.S. Defense Technology companies has roughly doubled over the last year. However, they are still facing growing pains in their efforts to transform from startups to heavyweights that can build weapons at scale.

Poland selects Sweden to provide it with three subs

Posted to Maritime Reporter on November 26, 2025

Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…

Sweden will decide early next year on a supplier for its new frigates

Posted to Maritime Reporter on November 24, 2025

The defence minister announced on Monday that Sweden will select a supplier early next year for its multibillion-swedish crown purchase of four new frigates. Sweden has been preparing to expand its naval fleet in response to the Russian invasion of Ukraine.

South Korea's newly elected president, who was injured while working as a child, is cracking down on "workplaces that kill"

Posted to Maritime Reporter on November 16, 2025

Kim Yong Ho, a South Korean Kim, thought he was going to die in seconds when a 200 kilogram (441 pound) industrial presses at a Hyundai steel plant exploded during maintenance. The press crushed Kim's legs and his back. Kim, in 2019, said that…

Details of the US-South Korea deal, including Korean investments in shipbuilding, are released

Posted to Maritime Reporter on November 13, 2025

The White House announced that the U.S. released details of a deal with South Korea on Thursday. It included a Korean investment of $150 billion in the shipbuilding industry, which Washington had approved, and an additional $200 in Korean investment through a Memorandum of Understanding.

South Korean officials question the feasibility of building a nuclear submarine at US shipyards

Posted to Maritime Reporter on November 6, 2025

Philly Shipyard, owned by South Korea in the United States, does not have the capacity to build ships at the moment. Kim Min-seok, the Prime Minister of South Korea, said this on Thursday at a hearing in parliament. Donald Trump, the U.S. president, wrote on Twitter last week about his remarks.

South Korea will woo China's Xi at the APEC closing summit

Posted to Maritime Reporter on November 1, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a dinner and summit hosted at President Lee Jae Myung's home. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee's stakes are high.

The RPT issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on November 1, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for a bilateral summit. This is the first time the two leaders have met. It's also the first time Xi has visited his Asian neighbor in over ten years.

South Korea will woo China's Xi during APEC with a state visit

Posted to Maritime Reporter on October 31, 2025

Chinese President Xi Jinping's three-day trip to South Korea will conclude on Saturday, with a visit by President Lee Jae Myung. The newly elected U.S. ally has promised to balance Seoul’s ties to Beijing. Lee, who took office in June after…

South Korea's Oct exports exceeded forecasts due to strong demand for ships, chips

Posted to Maritime Reporter on October 31, 2025

Data showed that South Korea's October exports rose unexpectedly on the back of a robust demand for ships and chips, even though businesses were cautious due to a clouded global outlook caused by Washington's trade policies. In October, exports from Asia's 4th largest economy…

The issues at stake during the summit between China’s Xi, and South Korea’s Lee

Posted to Maritime Reporter on October 31, 2025

On Saturday, South Korean President Lee Jae Myung and Chinese President Xi Jinping will meet for talks. This is the first bilateral meeting between the two leaders. It's also the first time Xi has visited his Asian neighbor in over a decade.

What is on the agenda of US-Japan discussions?

Posted to Maritime Reporter on October 28, 2025

In talks between Prime Minister Sanae Takayi and President Donald Trump, the U.S. revealed that 20 companies were interested in key projects such as critical minerals and AI. Tokyo may have agreed to invest $550 billion in the U.S. as part of an agreement on tariffs.

What is on the agenda of US-Japan discussions?

Posted to Maritime Reporter on October 27, 2025

On Tuesday, U.S. president Donald Trump will be in Tokyo for his first trip to Japan since 2019. They are discussing security and trade. On Tuesday, Trump and Takaichi agreed to a framework that would secure the supply of critical minerals and rare earths.

What is on the agenda of US-Japan discussions?

Posted to Maritime Reporter on October 27, 2025

On Tuesday, U.S. president Donald Trump will be in Tokyo for his first trip to Japan since 2019. They are discussing security and trade. A source familiar with this plan has confirmed that Japan and the U.S. are set to sign a Memorandum of Understanding for Tokyo to expand U.S.