Gold Prices Hold Near Record Levels as Inflation Concerns Offset Middle East Ceasefire Hopes 
Iran-U.S. Nuclear Talks Remain Unresolved as Strait of Hormuz Risks Keep Markets on Edge 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Asian Stocks Rally as AI Boom and Iran Ceasefire Progress Lift Market Sentiment 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
US Dollar Slips as Markets Weigh Potential US-Iran Peace Deal and Oil Price Outlook 
Tokyo Inflation Cools in May, Supporting BOJ’s Cautious Rate Hike Path 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions 
Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally 
Oil Prices Jump After New U.S. Strikes on Iran Raise Supply Concerns 
Asian Currencies Steady as U.S.-Iran Ceasefire Extension Hopes Weigh on Dollar 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
Australia Sues 3M for Over A$2 Billion Over PFAS Firefighting Foam Contamination 
Hyundai Glovis Co. Ltd. and GS Energy are teaming up to work together in the clean energy business. The two companies signed a memorandum of understanding (MOU), and this was revealed by the Seoul-based logistics company on Monday, March 27.
Through the new partnership, Hyundai Glovis and GS Energy, South Korea’s leading energy solution in advanced technology, are planning to cooperate in green ammonia, hydrogen, and clean energy. The signing ceremony for their cooperation took place at the former’s headquarters in Seoul.
As per The Korea Herald, it was stipulated in the agreement that Hyundai Glovis would be put in charge of maritime transportation for their ammonia and clean hydrogen business. On the other hand, GS Energy will manage the production of the said materials while establishing import channels as well.
Previously, the logistics company invested KRW200 billion or about $153 million for the construction of two massive gas carriers that have the capacity to hold 86,000 square meters per ship. The vessels can deliver liquefied petroleum gas, LPG and ammonia. Hyundai Glovis is now focusing on the transportation of ammonia which is an alternative to liquefied hydrogen.
Hyundai Glovis and GS Energy also have plans to promote joint businesses in the field of used batteries and liquid carbon dioxide. At any rate, an official of Hyundai Glovis said about the partnership, "We will play an important role as a global shipping company in the energy transformation era. We will show global competitiveness in eco-friendly businesses through cooperation with GS Energy."
The Korea Times reported that collaboration between Hyundai Glovis and GS Energy is the latest development in the company’s joint green energy partnerships. In November of last year, they also signed an agreement for carbon capture, utilization and storage (CCUS) business with GS Caltex and Korea East-West Power.
