January 5, 2024

HD Korea Shipbuilding wins 303 bln-won LPG ship order

HD Korea Shipbuilding and Offshore Engineering Co. (HD KSOE) said Friday it has received a 303 billion-won (US$230 million) deal to build two liquefied petroleum gas (LPG) ships for a European shipper by June 2027.

The two LPG carriers will be bui…

Yoon vows full support for innovative R&D

President Yoon Suk Yeol vowed Friday to increase the government budget for scientific and technological research and development (R and D), saying he will fully support innovative R and D regardless of its cost.

Yoon made the remark during a meeting…