HHl’s first two very-large crude containers (VLCCs) are christened in a ceremony at its shipyard in Ulsan on June 28, 1974. The ceremony also coincided with the dedication of the shipyard.Hyundai Heavy Industries (HHI) marked the 40th anniversary of its establishment on March 23. HHI can trace back…

President Cho Choon-koo of Sudokwon Landfill Site Management CorpPresident Cho Choon-koo of Sudokwon Landfill Site Management Corp. in an interview with NewsWorld said landfill sites around Seoul will be made into an environmentally friendly space where people can have enjoyable outings amid greener…

Park Jong-hum, director general for logistics policy at the Ministry of Land, Transport and Maritime AffairsBusan Port has joined the top five cargo ports that have all surpassed 15 million TEUs following Hong Kong, Singapore, Shanghai, and Shenzhen.“The government plans to implement diverse p…

President Lee Myung-bak speaks at an emergency economic ministers’ meeting at the Korea Finance Corp. headquarters in Seoul as Minister of Strategy and Finance Bahk Jae-wan looks on. The government decided to set up a $500 million fund supporting Korean contractors’ activities in the Mideast. …

President Kim Jae-yol, in charge of overall management planning for Samsung Engineering Co., has been widening his areas of management responsibility recently.Kim was with President Park Ki-seok in a signing ceremony for the company's winning a project to build an NGI plant in Abu Dhabi on Feb. 2 at…

Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expenses nationwide and creating 60,000 jobs.The highway construction…

Environment Vice Minister Yoon Jong-soo explains his ministry 's policies at a meeting with members of the Seoul Foreign Correspondents' Club.About 1,000 environment experts from around the world will assemble at the International Convention Center (ICC) Jeju from Sept. 6-15 to participate in t…

A view of an iron ores and mineral carrier weighing 400,000 tons, the largest such ship in the world built and launched by Daewoo Shipbuilding and Offshore Co.President Nam Sang-tae of Daewoo Shipbuilding and Offshore Co. said recently that the shipyard signed a contract worth $1.1 billion to build …

 Korea Expressway Corp. (KEC) said it will execute 60 percent of its 3.2 trillion won budget for construction and expansion of highways around the country in the first half of this year aimed at saving 1.5 trillion won in logistics expensesnationwide and creating 60,000 jobs.The highway constru…