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HD Hyundai wins first overseas icebreaker deal

HD Hyundai Heavy Industries has secured its first overseas order for an icebreaking vessel, marking a breakthrough into the global special-purpose ship market.The company announced it signed a contract worth $348.9 million (about 514.8 billion won) with the Swedish Maritime Administration to build one icebreaker, scheduled for delivery in 2029.The deal is pa..

Seven in 10 tycoon relatives live in Seoul’s richest districts
Seven out of 10 relatives of major conglomerate owners in South Korea live in Seoul’s Yongsan, Gangnam and Seocho districts, a new analysis showed, highlig..

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