Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
South Korea's Ministry of Oceans and Fisheries (MOF) is targetting a 30 percent reduction in maritime accidents by utilizing a smart marine navigation system in offering the world's first marine navigation services starting in 2021.
The marine navigation services will provide remote monitoring of fire and capsizing risks, automatic collision and grounding alerts, optimal route guidance, ship entry and departure information, electronic hydrographical charts, and marine safety and weather data in real-time.
The government developed the system through the Korean-style E-navigation Development Project, which was launched in 2016.
The system began undergoing pilot operations in 2020.
Ships are currently using analog technologies such as radar and voice communication that have limitations in preventing accidents.
Also, the ministry will promote the global standardization of the smart marine transportation system.
South Korea plans to secure marine digital source technologies and establish an international marine digital governance system centered around Korea.
Marine experts say that maritime digitalization could create a new 30-trillion-won market.
The MOF plans to operate a testing site for new technologies with major countries in Korean waters and sign business deals with those countries.
The MOF bared the Smart Maritime Transportation Strategy during the 12th Science And Technology-related Ministers' Meeting.
