Latest Ulsan Stories

2011-04-11 08:00:00

TUCSON, Ariz., April 11, 2011 /PRNewswire/ -- Raytheon Company (NYSE: RTN) delivered the first Phalanx Close-In Weapon System to the Republic of Korea Navy for batch one of the new Ulsan-1 class FFX ship program. The direct commercial sale calls for the Phalanx Block 1B system to be installed on the lead ship of the 2,300-ton frigate class this year; it represents Phalanx's introduction into the ROK fleet. Raytheon expects to sign a contract with South Korea for an additional five...

2008-12-02 14:01:06

South Korea's Hyundai Motor Co. will reduce production at overseas plants to adjust to slowing demand, a union spokesman said. Hyundai has already cut production in seven Korean plants by 10 percent, Yonhap News reported Tuesday. On Monday, the domestic plants halted overtime on weekdays, a move that follows a previous decision to cut out weekend overtime, Yonhap reported. But the company, which has plants in China, India, Turkey and the United States, told the union it would cut production...

2008-09-04 06:00:21

Text of report in English by South Korean news agency Yonhap [Yonhap headline: "S Korea Launches Northeast Asian 'Oil Hub' Project" by Lee Joon-seung] SEOUL, Sept. 4 (Yonhap) - South Korea on Thursday officially launched an ambitious Northeast Asian oil holding and trading hub project which is expected to generate new business opportunities and fuel related industrial growth, the government said. The Ministry of Knowledge Economy said foreign companies will invest US$271 million to...

2008-08-05 09:01:21

S. Korea aims to be Northeast Asian "oil hub" SEOUL, Aug. 4 (Xinhua) -- South Korean Vice Economy Minister Lee Jae-joon said Monday that his country aims to be become a Northeast Asian "oil hub" to create new business opportunities. The official said his country will benchmark Singapore and develop extensive petroleum refining, shipment, storage and trading capabilities to become an "oil hub" in the region. "South Korea is situated astride the main North Pacific shipping route, with...

2008-07-29 09:01:02

Text of report in English by South Korean news agency Yonhap Ulsan, South Korea, July 29 (Yonhap) - One person died and two others were seriously injured in an explosion and fire at a chemical centre in Ulsan on Tuesday, local police and fire department officials said. A 35-year-old senior researcher, identified by his family name of Han, was killed at the the Ulsan Precision Chemical Centre when a powerful explosion hit an analytical laboratory on the second floor at 5:05 p.m., resulting...

2005-06-20 09:26:40

ULSAN, South Korea -- Pro-whaling nations suffered an early setback on Monday by losing a key vote at an international whaling meeting where they are aiming to take a majority and roll back conservationist measures. Members of the International Whaling Commission voted 30 to 27 to defeat a proposal offered by Japan to change voting procedures to a secret ballot. Conservationists said it was too early to claim victory because three states -- Gambia, Togo and Nauru -- that recently joined the...

Word of the Day
  • Good cheer; viands.
  • To revel; to feast.
The word 'bellycheer' may come from 'belle cheer', "good cheer".