Hanwha Ocean Wins KRW 768.7bn WTIV Contract
6, February 2026
Hanwha Ocean secured a KRW 768.7 billion WTIV order from Ocean Wind Power II, with delivery set for the first half of 2028 to support Korea’s offshore wind projects.
Korea
Inchcape Adds Geoje Office to Strengthen Korean Offshore Presence
27, November 2025
Inchcape opened a Geoje office, expanding its Korean network to three locations and supporting offshore, naval and shipbuilding projects across 23 ports.
Korea Recovers 600-Year-Old Joseon Cargo Ship Mado 4
13, November 2025
South Korea has lifted the 600-year-old Joseon cargo ship Mado 4 after long-term conservation work. Artefacts linked to the state-run “joun” system and new clues to an older Goryeo-period wreck highlight Taean’s growing archaeological importance.
POSCO INTERNATIONAL and Equinor Strengthen Ties in Offshore Wind and LNG
3, November 2025
POSCO INTERNATIONAL and Equinor signed an MOU to expand collaboration in offshore wind, steel, and LNG, advancing their joint energy transition efforts.
