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South Korea's First State-Owned Electric Ferry Launched
Dec 11, 2025 ... Port Authority has launched its fully electric ferry, which is the first state-owned electric ferry in South Korea. The ferry features electric and power propulsion systems supplied by ...
US and China Port Fee Suspension Begins
Nov 11, 2025 ... an agreement reached after President Donald Trump and President Xi Jinping met in South Korea's Busan on October 30. Both sides had agreed to pause maritime measures imposed on each other's ...
Shipping Awaits Clarity on US-China Port Fee Suspension
Oct 31, 2025 ... each other for one year. This comes after President Donald Trump and President Xi Jinping met in Busan on Thursday. The agreement reportedly pauses US port fees on Chinese-linked vessels, along ...
US and China to Pause Maritime Trade Actions for One Year
Oct 30, 2025 ... consultations in Kuala Lumpur and follows discussions between President Trump and President Xi in Busan on Thursday, according to a statement from a spokesperson of the Chinese Ministry of ...
US Cuts Tariffs on Chinese Products by 10% After Trump-Xi Meeting
Oct 30, 2025 ... countries' leaders. The decision follows a meeting between President Trump and President Xi in Busan on Thursday. The Trump Administration now plans to cut the tariff on Chinese goods related ...
SK Gas and Hyundai Glovis Join Forces on LNG Bunkering in South Korea
Sep 4, 2025 ... reliable operations. Both companies said they intend to build an LNG bunkering hub across Ulsan, Busan and Gwangyang, key ports for vehicle carriers on long-haul trades. Hyundai Glovis has plans ...
South Korea Aims to Build World's Largest Hydrogen Carrier by 2027
May 13, 2025 ... week, following the formation of a joint public-private promotion team during an event at BEXCO in Busan on Friday. This group brings together top experts from the liquefied hydrogen carrier ...
US and South Korea Move Ahead with Green Shipping Corridor
May 6, 2025 ... the 10th Our Ocean Conference (OOC) in Busan on April 29, South Korea and the US announced a joint roadmap for establishing a green shipping corridor to reduce maritime industry ...
HMM Boxship Conducts SIMOPS LNG Bunkering in Busan for First Time
Feb 24, 2025 ... firm HMM container vessel has completed its first LNG bunkering at the South Korean port of Busan. The HMM Sky received 2,400 mt of LNG while conducting simultaneous operations at the port, ...
Kunlun Energy Conducts Its First LNG Offshore Bunkering in Hong Kong
Feb 17, 2025 ... Energy’s 8,500 m3 capacity bunkering vessel. The Zim Haifa Blue Stone left South Korea’s Busan on February 3 and made its way through Qingdao, Shanghai and Ningbo before reaching Hong Kong ...
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World Fuel Services and West Coast Clean Fuels Establish US Methanol Bunkering Capability

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WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

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