China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.The move, announced on Tuesday when the U.S. and China began charging additional port fees targeting each other's vessels
Davie, a leader in icebreaker and specialized vessel construction, announced plans to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation — marking a major step toward revitalizing large-scale shipbuilding of icebreakers in the United States. The move underscores growing momentum behind domestic production of ice-capable vessels and aligns with U.
South Korean President Yoon Suk Yeol spoke with Donald Trump on Thursday and congratulated him on winning the U.S. presidency on the "Make America Great Again" slogan as officials in Seoul worked to prepare for "significant" economic changes.Yoon and Trump held a 12-minute phone call and discussed the close security and economic ties of their two countries across all areas
The U.S. aircraft carrier USS Carl Vinson arrived at the southern port city of Busan in South Korea on Sunday as a show of force against North Korea, South Korea's navy said.It is the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump's second term in office began in January.
Facing deepening fractures in the global trade order, Asia-Pacific leaders adopted a joint declaration that emphasized the need for resilience and shared benefits in trade at the end of the annual APEC summit on Saturday.The Asia-Pacific Economic Cooperation meeting, hosted by South Korea this year
It was at an 18th century Georgian manor house outside London that Japanese lawmaker Rui Matsukawa began to have serious doubts about America’s commitment to defending her country.Matsukawa, a former deputy defense minister, traveled in March to historic Fordham Abbey for a top-level bilateral conference.
North Korean leader Kim Jong Un said his country needed to rapidly expand its nuclear armament and called U.S.-South Korea military exercises an "obvious expression of their will to provoke war," state media KCNA reported on Tuesday.South Korea and its ally the United States kicked off joint military drills this week
A serious accident occurred on Wednesday during the launch of a new North Korean warship while leader Kim Jong Un was attending the event, with him calling it a "criminal act" that could not be tolerated, state media KCNA reported.Kim, who witnessed the failed launch of the 5,000-ton destroyer, excoriated the accident as caused by "carelessness" that tarnished the country's dignity
South Korean authorities found about two tonnes of suspected cocaine on Wednesday on a ship docked at a port, the customs service said, in what appears to be the largest haul of smuggled drugs in the country's history.Korea Customs Service and Coast Guard found 57 boxes of the suspected drug on a bulk ship docked at Gangneung city port on the east coast of the Korean Peninsula