South Korea

South Korea

Asian Gypsy Moth
26 Aug 2014
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
U.S. waterborne containerized imports of auto parts were up 7.9 percent in the second quarter of 2014.
14 Aug 2014
Containerized auto parts imports into the United States continued to trend upwards in the first half of 2014, in a market that has seen growth of over 10 percent in the past two years.
CMA CGM was correct in saying its PEX3 service had the fastest transit time from Yantian to Los Angeles at 13 days.
11 Aug 2014
It is becoming increasingly difficult for a shipper to determine which carrier in the eastbound trans-Pacific has the fastest transit time between two given ports, according to a new analysis from SeaIntel, a consulting firm.
Yantian international container terminal. Photo: lzf / Shutterstock.com
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
Lobster
04 Aug 2014
An increasing Asian appetite for live lobster is being met with a weekly shipment of live lobsters from Nova Scotia to South Korea.
Worker assembling electronics component in China
03 Aug 2014
China’s factory output and total new orders in July rose to their highest levels since March last year, improving the operating conditions of mainland manufacturers and supporting carrier predictions of third quarter container volume increases in the seasonal build up to Christmas.
Container vessel Hanjin Lisbon
30 Jul 2014
Hanjin Shipping posted a net loss of $194 million in the second quarter, but the weak financial performance was eased by aggressive cost cutting in its container division that managed to lift the Korean carrier’s operating profit.
Ocean carrier rate revision roundup for July 11
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
07 Jul 2014
Minsheng Financial Leasing will receive $295 million from the Korean and Chinese export-import banks to build three 18,400-TEU ships that will be leased to Mediterranean Shipping Co. in the second half of 2015.
Ocean carrier rate revision roundup for July 4
04 Jul 2014
Several container lines have planned general rate increases in multiple trade routes to take effect Aug. 1...
19 Jun 2014
The G6 and CKYHE alliances that were to have competed head on with the P3 Network may be feeling an easing of pressure after China’s shock rejection of the vessel-sharing agreement, but both are pushing ahead with the expansion of their networks.