Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

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 © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & 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 > North Korea pulls capsized warship upright after botched launch, report says
    Headlines

    North Korea pulls capsized warship upright after botched launch, report says

    Published by Global Banking & Finance Review®

    Posted on June 4, 2025

    2 min read

    Last updated: January 23, 2026

    North Korea pulls capsized warship upright after botched launch, report says - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Tags:innovationfinancial communityinvestmenttrading platformCryptocurrencies

    Quick Summary

    North Korea's destroyer is upright after a failed launch. Kim Jong Un vows accountability, with repairs underway at Chongjin port.

    North Korea Uprights Capsized Warship After Failed Launch Ceremony

    SEOUL (Reuters) -North Korea appears to have returned to an upright position its stricken Choe Hyun Class destroyer that partially capsized during a botched launching ceremony, U.S. researchers said on Wednesday.

    Leader Kim Jong Un, who witnessed the failed launch of the 5,000-tonne warship, said the accident damaged the country's dignity and vowed to punish those found responsible.

    Commercial satellite imagery from June 2 showed the destroyer upright for the first time since the May 21 accident, the 38 North programme, which studies the nuclear-armed North, said in a report.

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

    "Commercial satellite imagery shows workers at the port in Chongjin have taken a significant step towards that goal," 38 North said in its report.

    Workers were observed pulling tethers, and possibly using barrage balloons, in a manual effort to right the ship, it added. The imagery shows the vessel's bow still on land, with possible damage to its sonar section.

    "To repair this, the ship will need to be moved out of the water to either a large floating drydock or graving dock once afloat," 38 North said. "However, Chongjin’s shipyard does not offer this infrastructure."

    The east coast shipyard has turned out primarily cargo and fishing vessels and lacks significant expertise in launching large warships such as the new destroyer, other military experts have said.

    (Reporting by Josh Smith; Editing by Clarence Fernandez)

    Key Takeaways

    • •North Korea's destroyer capsized during a launch ceremony.
    • •Kim Jong Un vows to punish those responsible for the mishap.
    • •The warship was righted using manual efforts at Chongjin port.
    • •Imagery shows potential damage to the ship's sonar section.
    • •Chongjin shipyard lacks infrastructure for large warship repairs.

    Frequently Asked Questions about North Korea pulls capsized warship upright after botched launch, report says

    1What happened to North Korea's Choe Hyun Class destroyer?

    The Choe Hyun Class destroyer partially capsized during a botched launching ceremony, but has since been returned to an upright position.

    2What did Kim Jong Un say about the failed launch?

    Kim Jong Un stated that the accident damaged the country's dignity and vowed to punish those responsible for the failure.

    3What does satellite imagery reveal about the warship?

    Commercial satellite imagery from June 2 showed the destroyer upright for the first time since the May 21 accident, indicating recovery efforts.

    4What challenges does the Chongjin shipyard face?

    The Chongjin shipyard primarily produces cargo and fishing vessels and lacks the expertise to launch large warships like the new destroyer.

    5What actions has North Korea taken since the accident?

    North Korea has detained several officials and Kim ordered the ship to be restored before an upcoming ruling party meeting.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Two airports in Poland closed due to Russian strikes on Ukraine
    Two airports in Poland closed due to Russian strikes on Ukraine
    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    View All Headlines Posts
    Previous Headlines PostMorning Bid: No 'best offers' yet as tariff deadline looms
    Next Headlines PostRussian forces advance deeper into Ukraine's Sumy region