​Commercial development process advances with NOPTA and NOPSEMA as offshore resource business enters a new phase ​ KOSCO I&D has confirmed hydrocarbon reserves in Commonwealth waters off northern Australia and commenced full-scale drilling operations. The drilling campaign follows deepwater exploration, core and gas sample analysis, geological evaluation, and reservoir assessment conducted in the area. Based on the results of its follow-up studies, KOSCO I&D confirmed the location and scale of the reserves and moved into the drilling phase to verify production capacity and commercial viability. The company is conducting the drilling program in accordance with the safety and environmental requirements of the National Offshore Petroleum Safety and Environmental Management Authority, or NOPSEMA. The program will collect critical data needed

Okada SHITAKA, President of KOSCO JAPAN, announced the company’s business direction and investment plans for Japan. KOSCO JAPAN will strengthen sales in its existing maritime, shipbuilding and factory automation businesses while pursuing the establishment of a battery regeneration plant and entering the real estate development business as new areas of growth. President Okada emphasized that KOSCO JAPAN’s role is to identify changes in the Japanese market and understand customer requirements at close range, then turn them into new contracts and business opportunities. The company plans to move beyond its existing customer base and actively seek new clients and projects throughout Japan. In the maritime and shipbuilding sectors, KOSCO JAPAN will expand its business development activities targeting Japanese shipowners, shipping companies, po

KOSCO I&D has further strengthened its position in the Indonesian Java Sea offshore block in which it currently participates. ​ KOSCO Holdings recently acquired a separate 5% interest in the same block.  Together with KOSCO I&D’s existing 27% interest, KOSCO’s combined participation has now increased to 32%. Although KOSCO I&D’s direct ownership remains unchanged at 27%, the participation of KOSCO Holdings as a separate investor is expected to increase KOSCO’s overall influence in discussions concerning the operation and future development of the block. The expanded combined interest provides KOSCO I&D with a stronger foundation for reviewing key matters such as exploration schedules, the selection of priority drilling targets, additional investment requirements and the preparation of future development plans. It also enables KOSCO I&D to

At KOSCO I&D’s commercial district development project in Point Cook, west of Melbourne, Australia, a dedicated team is working alongside project and construction management staff to help ensure that on-site workers can perform their duties in a stable and supportive environment. In this edition of [KOSCO PEOPLE], we met with the Workforce Wellbeing and Support Management Team at the Point Cook site to hear about their responsibilities, daily work, and real experiences from the field. The team consists of three women and two men. Among the three female team members, two are Australian staff members and one is Korean. Together, they support site workers and subcontractor personnel by managing living support, work environment conditions, employee concerns, and on-site communication. As Australia is currently in its winter season, the Point

Earthworks and Foundation Construction Progressing Smoothly Following March 2026 Groundbreaking ​ KOSCO I&D's Point Cook Commercial District project in Melbourne's western growth corridor has officially entered the full-scale construction phase. The development is planned as a large-scale mixed-use commercial district spanning approximately 100,000 square meters, integrating office, retail, research, and cultural facilities. The project is designed to establish a new business hub for western Melbourne and serve as a catalyst for long-term regional growth. Site activities are currently focused on earthworks and foundation construction. Major operations include land grading, soil excavation and removal, piling works, foundation installation, and supporting infrastructure development. Heavy equipment and specialized construction teams have b

Chairman Jongchul Kim has made an additional personal contribution of USD 3.6 million to the KOSCO Hope Foundation, further expanding the foundation’s global support initiatives for children and youth. Including this latest contribution, Chairman Kim’s cumulative personal donations to the foundation since 2022 have reached approximately USD 10.8 million. This contribution was made not simply as financial support, but as part of a long-term initiative aimed at providing more stable and sustainable opportunities for children who remain underserved in education, protection, and basic living conditions. The foundation plans to establish region-specific support systems that reflect local social and educational environments, while gradually expanding customized programs tailored to each community’s needs. Through this additional contribution, t

Amid prolonged instability in the Middle East, on-site visits and direct inspections had been limited.  Following the recent ceasefire, conditions have allowed for field access, and executives from the holding company and key affiliates have visited the United Arab Emirates to conduct an emergency management review and response coordination. The visit covers ongoing plant construction sites and regional operations, including project progress, supply chain stability, workforce management, safety systems, security measures, logistics operations, contractor management, and emergency response frameworks. During the visit, executives conducted on-site inspections of major projects, identifying potential risks and implementing immediate corrective actions where necessary.  At the same time, additional reviews and response measures across region

Emily Carter has been appointed as Director of the Johor Bahru Global Integrated Research Center. ​ The research center is currently under development, and this appointment has been made in advance as part of the organizational setup and operational preparation. Emily Carter holds a Bachelor’s degree in Electrical Engineering from the University of Illinois Urbana-Champaign, a Master of Science in Electrical Engineering (Control Systems) from Stanford University, and a Ph.D. in Electrical Engineering (Nonlinear Control and Autonomous Systems) from the Massachusetts Institute of Technology (MIT). She began her career as a Control Systems Engineer at Lockheed Martin and subsequently worked in the Industrial Automation Division and Digital Industries (Factory Automation) at Siemens as Senior and Principal Engineer, where she was involved in

Global R&D hubs in France, Norway, and Singapore to support technology validation and international commercialization KOSCO Holdings announced that four technology startups have been selected for the first round of its Global Youth Venture Entrepreneurship Support Program. The selected companies operate in emerging fields related to the future maritime industry, including marine energy, maritime data, vessel safety, and autonomous navigation technologies. The four selected startups are Thiospark Energy (Singapore), Measure.AI (Singapore), UNDA (France), and Sensnet Analytics (Norway). These companies are early-stage deep-tech startups, many originating from research-based technologies, and will be supported through KOSCO’s global research network and industrial infrastructure to advance technology validation and commercialization. Thiospa

During the Lunar New Year period, business operations at each site will follow the statutory public holiday schedules of the respective countries.Depending on the country, the holiday period ranges from a minimum of two days to up to approximately ten days. ​ Employees will be granted Lunar New Year leave in accordance with the holiday schedule of their country of origin, regardless of their current work location. Due to differences in holiday schedules across countries, certain business activities may require coordination during this period.Please confirm relevant matters in advance with your respective contact persons. We appreciate the understanding and cooperation of our customers and partners. We wish all employees a meaningful and enjoyable Lunar New Year with their families. Thank you.

■ 27% equity stake secured in a new offshore exploration block off northeastern Java ■ Direct participation from exploration stage to establish a mid- to long-term resource development platform ■ Expansion of Southeast Asia energy and resource portfolio to drive future growth KOSCO I&D has secured an equity stake in a new offshore exploration block in Indonesia and has commenced participation in the exploration project, marking a full-scale entry into the Southeast Asian resource development market. KOSCO I&D recently acquired a 27% stake in a newly designated offshore exploration block in Indonesia and will directly participate in the exploration phase, with the potential to expand its involvement into future development stages.  The investment is part of the company’s broader strategy to diversify its global energy and resource developm

​ Phnom Penh, Cambodia –  KOSCO I&D announced that it has initiated a strategic restructuring of its large-scale luxury residential development in central Phnom Penh in response to recent changes in the external environment. ​ The project is located on a prime 286,000-square-meter site in the heart of Phnom Penh. The surrounding area is already recognized as a premium residential district, with a nearby 1,600-unit luxury housing complex achieving a 100% sell-out rate within one month of launch, demonstrating strong market fundamentals. KOSCO I&D has been developing a 1,200-unit luxury residential complex featuring swimming pools, sports facilities, and community amenities, with convenient access to major commercial infrastructure such as AEON Mall. The project is currently approximately 60% complete. Amid recent external economic uncertai

​ Chairman Jongchul Kim recently visited major business hubs in Japan and Taiwan to conduct on-site inspections. The visit was carried out to directly review operational conditions and organizational structures at each site, and to assess business direction and execution systems in response to changes in the global environment. In Japan, Chairman Kim visited the semiconductor packaging plant currently under construction in the Kumamoto region, where he reviewed construction progress and preparations for future operations.  He then met with the management of JASM, which is leading a semiconductor project in Japan, to discuss the status of the collaborative project and future operational plans. At the Nagoya sales office, he reviewed on-site sales operations and listened to practical challenges faced in market response activities.  He subse

​ Affiliate-Level Annual Performance Reviews Completed at Singapore Headquarters ​ The Group’s year-end business performance reporting schedule was conducted at the Singapore headquarters, and over the course of approximately five days, all affiliates completed their annual business performance reports and group-level evaluations. This reporting process was designed to enable each affiliate, on a single legal entity basis, to systematically review its overall management, business, and operational performance for the year. The reviews were conducted against actual results compared to the plans established at the beginning of the year, with the objective of assessing outcomes and underlying causes from a group-wide perspective. Each affiliate submitted its year-end business performance report in accordance with the officially defined submis