Posco International, a trading firm under Posco Group, said Sunday that it was investing around 140 billion won ($98.38 million) to triple the natural gas production of its subsidiary Senex Energy Limited in Australia by 2025. According to the company, the investment is aimed at contributing to stabilizing energy costs in South Korea. The price of natural gas is expected to remain high for a wh...

A group of haenyeo, female divers with age-old ocean harvesting skills, marches in a parade to celebrate the 15th Jeju Haenyeo Festival that kicked off on Saturday in Jeju Island. The two-day event has resumed after a three-year hiatus due to the COVID-19 pandmic. (Yonhap)

“It resembles the brand’s emblem. The wings on the emblem became the Two-Line rear lamps and the center crest of the emblem became the grille,” he said “The slim Two-Line rear combination lamp represents Genesis’ technological capacity and the design continues to change in time for the electric era.” Starting in 2025, all new models launched by Genesis will be fully electric cars. “EVs don’t ne...

Korea Herald correspondent AMSTERDAM -- Upon arrival at Schiphol Airport, the third-busiest airport in the world, hundreds were lined up at closed check-in counters. For a flight that was to take off at 9 p.m. to Incheon, South Korea, there were more than 200 people waiting in line already for the check-in counter to open at 4 p.m. “We came here as early as possible because our tour guide told...

Korea Herald correspondent KRAKOW, Poland—Incheon Airport will be hosting a global summit on airport customer experience held by the Airports Council International in Incheon next year. The announcement was made during the closing ceremony of the ACI CX Global Summit 2022 held in Krakow, Poland, on Thursday. This follows Incheon Airport winning the level 5 Customer Experience Accreditation, th...

Korea Herald correspondent KRAKOW, Poland-- Incheon Airport has become the world’s first airport to be granted level 5 Customer Experience Accreditation by the Airports Council International on Wednesday, in recognition of its customer service and systematic operations to cope with increased travel demand in the post-pandemic era. This is the first time that the ACI has granted the highest leve...

Renault Korea has enhanced the luxury appeal of its popular sport utility vehicle QM6. One distinctive feature is the use of Alcantara fabric for the highest Premiere trim. Alcantara is a suedelike fabric noted for its durability and carbon-neutral manufacturing process. A substitute for leather and vinyl, the fabric is increasingly being used in luxury vehicles. For the QM6, seats and armrests...

South Korea’s flag carrier Korean Air is reportedly in talks with multiple Southeast Asian airlines to share its Incheon-Los Angeles route in an apparent attempt to get antitrust approval from US regulators in its acquisition of the cash-strapped crosstown rival Asiana Airlines, according to industry sources on Monday. The unprecedented talks come in response to the US requiring Korean Air to su...

The aviation industry is gearing up to cater an increase in travel demand ahead of Chuseok, the Korean thanksgiving holiday that kicks off Friday. South Korea’s flag carrier Korean Air is operating two more flights from Gimpo to Jeju starting Wednesday until Sept. 13. These flights are operated using larger aircraft to accommodate 11,000 more passengers, which is a 10 percent increase in the air...

Audi Korea officially launched its first all-electric compact sport utility vehicles, the Audi Q4 e-tron and the Audi Q4 Sportback e-tron, in South Korea on Tuesday. “The Q4 e-tron will redefine the boundaries between car segments and act as a gateway into e-mobility. With these models, we have strengthened our EV lineup enough to satisfy the needs of Korean customers,” said Lim Hyun-ki, the exe...

Professor Noh Yong-Young of Postech won an annual award given by Merck Korea in recognition of his innovative research into the development of semiconducting materials for backplane thin-film transistor technology of organic light-emitting diode displays. His research, Merck Korea says, could contribute to the commercialization of backplane p-type thin-film transistors for high-performance OLED d...

Allink, an NFC tag-based information transfer solution company, has partnered up with Samsung Electrionics, the company said Thursday. Allink provided a non-fungible token solution that enables mobile phones to transfer information to various terminals by tapping the phone on the NFC tag. With this solution, New Galaxy NFT holders can have access to in-store benefits on their Thetadrop wallet b...

Samsung C&T said Wednesday it has inked an 800 billion won engineering, procurement and construction contract with QatarEnergy to build solar power plants with the capacity to generate 875 megawatts of electricity. The project involves building one solar power plant with 417 megawatt capacity in Mesaieed and another one in Ras Laffan with 458 megawatt capacity, which will start generating electr...

Volkswagen Korea will launch its first pure electric sports utility vehicle next month as the first overseas branch of the German carmaker outside of Europe, its CEO said Tuesday. “ID.4, Volkswagen’s first pure electric SUV, will be launched in Korea and we will be the first country in the world for export market outside of Europe,” said Sacha Askidjian, the executive director of Volkswagen Kore...

The Maserati Ghibli GT Hybrid is a car that can satisfy those who love the sound of a combustion engine, but want to make a more fuel-efficient choice. The Ghibli GT Hybrid is the first ever electrified Maserati model, with which the luxury brand makes an attempt to keep up with the trends of the automobile industry. Maserati uses a 2.0-liter, four-cylindrical gas turbo engine boosted by a 48-v...