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Chairman Lee Jong-koo of the National Federation of Fisheries Cooperatives (Suhyup) speaks at the 3rd KNFC International Fishing Symposium.(Photos: Suhyup)  The year 2013 is sure to be remembered as a significant year in the history of the Korean fisheries industry and fishing communi…
President Park became the first Korean head of state to cut the tape to launch a submarine.(photos: Cheong Wa Dae)    The “214-class” Kim Jwa-jin, a 1,800-ton, SS-II submarine, was launched with a ceremony at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co. (DS…
President Suk Tai-Soo of Hanjin-Kal Holdings, the newly created mother company for Hanjin Group.(Photo: Hanjin Group)   Hanjin Group will be turned around and centered on Hanjin-KAL Holding Co., with six of its affiliates including Korean Air, Hanjin-KAL Holding, Korea Airport, Hanjin Ship…
Chairman Koo Bon-moo of LG Group.(Photos: LG Group)LG Group has been considering a plan to focus its investments in four key areas including energy, auto parts, living eco, and healthcare as part of its future growth engines. The areas include such key products as fuel cell batteries, batteries for…
HHI CEO Lee Jae-seong and SEC Chairman Saleh bin Hussein Al Awaji sign a $3.3 billion deal on the Shuqaiq steam power plant project for state-run Saudi Electricity Company (SEC) in Riyadh on Aug. 4. (photos: HHI)Hyundai Heavy Industries (HHI) is the world’s biggest shipbuilder. But HHI ha…
Officials of Daewoo International Corp., an affiliate of POSCO, and local Myanmar dignitaries led by Myanmar Vice President Nyan Tun, Chairman Chung Joon-yang of POSCO and Vice Chairman Lee Dong-hee of Daewoo International clap their hands at First Gas Ceremony of Shwe Project in Myan…
Chairman Chung Mong-koo of Hyundai Motor Group.(photo: Hyundai Motor) Hyundai Motor Co.’s Q2 sales of its cars will go down as the biggest quarterly sales in its history at 23.183 trillion won, which also boosted the first half sales record to 44.551 trillion won, thanks to hikes in overseas sales…
Cheil Industries is turning to the development its high-tech materials for the IT industry as part of its strategy to nurture its key new growth engine. A Cheil Industries official test-operates an OLED product.(photos: Cheil Industries)  Cheil Industries has opted to develop its hig…
Chairman Kim Yeon-bae of the Hanwha Group Emergency Management Committee is visiting a Hanwha SolarOne plant in China.(photos: Hanwha Group) Chairman Kim Yeon-bae of the Hanwha Group Emergency Management Committee is visiting a Hanwha SolarOne plant in China. Chairman Kim Yeon-bae of the…
SK Innovation Vice Chairman Koo Ja-young inks a deal on a joint venture with Wang Tianpu, president of Sinopec Group, in Beijing on June 28, as Minister of Trade, Industry and Energy Yoon Sang-jick, who accompanied President Park Geun-hye on a state visit to China, looks on. (Photo: MOTIE)…
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Industry/Energy
Hyundai Motor Group Executive Chair Chung Eui-sun, POSCO Group Chmn. Jang In-hwa, Louisiana Governor Jeff Landry, Rep. Troy Carter, MOTIR Minister Kim Jung-kwan, U.S. Under Secretary of Commerce for International Trade William Kimmitt, and Hyundai St…
“XTeer,” an engine oil exclusively for hydrogen internal combustion engines, developed and supplied by HD Hyundai Oilbank. (Photo: HD Hyundai Oilbank)HD Hyundai Oilbank launched a drive to capture the hydrogen mobility lubricant market by developin…
Senior Executive Vice President Won Kwang-sik of HD Hyundai Heavy Industries (left) receives a plaque of appreciation from Pietro Barabaschi, Director-General of the ITER Organization (right), at the 'KOREA-ITER Fusion Day' event held in Cadarache, s…
President Kim Hoe-chun of Korea Hydro & Nuclear Power (KHNP) and Claude Imauven, Chairman of the Board of Directors, exchange a letter of intent on long-term cooperation in the uranium enrichment sector the two companies struck as President Lee J…


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