Category: General

HD Hyundai Heavy enters U.S. naval repair market

HD Hyundai Heavy Industries Co., South Korea’s major defense and shipbuilding company, said Thursday it has signed an agreement with the U.S. Navy to enter the U.S. naval ship maintenance, repair and overhaul (MRO) market.

Under the Master Ship Repai…

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Exports soar 34 pct during first 10 days of July

South Korea’s exports jumped 33.8 percent on-year in the first 10 days of July, data showed Thursday.

Outbound shipments reached US$17.75 billion in the July 1-10 period, compared with $13.26 billion tallied a year earlier, according to the data from…

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