Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Satellite images show damaged North Korean warship moved to a port for repair, report says
    Headlines

    Satellite images show damaged North Korean warship moved to a port for repair, report says

    Satellite images show damaged North Korean warship moved to a port for repair, report says

    Published by Global Banking and Finance Review

    Posted on June 9, 2025

    Featured image for article about Headlines

    SEOUL (Reuters) -A North Korean stricken destroyer that partially capsized during a botched launching ceremony has arrived at a ship repair factory, a Washington think tank said.

    The destroyer that suffered a failed launch was moved to the graving dock at Rajin Dockyard, also known as Rajin Ship Repair Factory, by June 8, the Center for Strategic and International Studies (CSIS) said based on satellite imagery.

    State media reported on Friday that experts would examine the hull for the next stage of restorations, to be carried out at Rajin Dockyard for 7-10 days.

    North Korean leader Kim Jong Un, who witnessed the failed launch of the destroyer, called the accident a "criminal act".

    Since the accident in May, North Korea has said it detained several officials, and Kim ordered the ship restored before a ruling party meeting this month.

    The Rajin shipyard, located near the Russian border, has produced many of North Korea's larger warships for decades, CSIS said.

    "Once any critical repairs or restoration work are completed, the vessel will likely be transferred to the shipyard's fitting out dock, where its weapons and other systems will be installed and subsequently commissioned," the think tank said in a report.

    The ship lay on its side in the water after the botched launch, but it was pulled upright, according to U.S. researchers and the South Korean military.

    The 5,000-ton destroyers launched by North Korea this year are the country's largest warships yet, part of leader Kim's push to upgrade its naval power with vessels capable of carrying and launching dozens of missiles.

    (Reporting by Ju-min Park; Editing by Stephen Coates)

    Related Posts
    Ukrainian drones hit tanker in Russia's Rostov port causing deaths, mayor says
    Ukrainian drones hit tanker in Russia's Rostov port causing deaths, mayor says
    Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal
    Shares in South Korea's LGES drop more than 7% after Ford cancels EV battery deal
    Factbox-What we know about the shooting victims at Sydney's Bondi Beach Jewish event
    Factbox-What we know about the shooting victims at Sydney's Bondi Beach Jewish event
    Funeral for youngest Bondi Beach shooting victim, Matilda, to be held on Thursday
    Funeral for youngest Bondi Beach shooting victim, Matilda, to be held on Thursday
    UN, aid groups warn Gaza operations at risk from Israel impediments
    UN, aid groups warn Gaza operations at risk from Israel impediments
    IMF says Moldova's economy has unique growth opportunity, but reforms needed
    IMF says Moldova's economy has unique growth opportunity, but reforms needed
    UK firm Awendio Solaris plans $725 million solar plant with indigenous groups in Canada
    UK firm Awendio Solaris plans $725 million solar plant with indigenous groups in Canada
    AbbVie, several other pharma companies near MFN deal with Trump, sources say
    AbbVie, several other pharma companies near MFN deal with Trump, sources say
    US, Russia to hold talks in Miami this weekend, Politico reports
    US, Russia to hold talks in Miami this weekend, Politico reports
    EU reaches initial agreement on tighter EU-Mercosur safeguards
    EU reaches initial agreement on tighter EU-Mercosur safeguards
    Britain to overhaul benchmark rules to cut industry burden
    Britain to overhaul benchmark rules to cut industry burden
    Novartis, Roche near US drug price deal, Bloomberg News reports
    Novartis, Roche near US drug price deal, Bloomberg News reports

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostSouth Korea close to $6 billion tank deal with Poland in June, Yonhap reports
    Next Headlines PostBritain to invest further 14.2 billion pounds in Sizewell C nuclear project

    More from Headlines

    Explore more articles in the Headlines category

    Italy's top court upholds acquittal of Salvini in migrant kidnapping case

    Italy's top court upholds acquittal of Salvini in migrant kidnapping case

    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war

    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war

    Sweeping US defense bill passes, with Ukraine, Venezuela provisions defying Trump

    Sweeping US defense bill passes, with Ukraine, Venezuela provisions defying Trump

    Sarajevo takes steps on air quality after most-polluted city ranking

    Sarajevo takes steps on air quality after most-polluted city ranking

    Slovakia's top court pauses government overhaul of whistleblower agency

    Slovakia's top court pauses government overhaul of whistleblower agency

    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay

    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay

    EU rules out UK exemption from carbon border levy until markets link

    EU rules out UK exemption from carbon border levy until markets link

    Poland prioritises domestic arms purchases under EU SAFE programme

    Poland prioritises domestic arms purchases under EU SAFE programme

    G7 condemns prosecution of Jimmy Lai, calls for his release

    G7 condemns prosecution of Jimmy Lai, calls for his release

    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says

    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says

    US allows oil sales from Russia's Sakhalin-2 project through June 18

    US allows oil sales from Russia's Sakhalin-2 project through June 18

    UK exempts Egypt's Zohr gas field from Russia sanctions

    UK exempts Egypt's Zohr gas field from Russia sanctions

    View All Headlines Posts