South Korea

South Korea

Hanjin terminal in Port of Busan
27 Feb 2015
The Port of Busan plans to handle 20 million TEUs this year posting record volume in 2014, mainly because of healthy transshipment traffic.
02 Feb 2015
Hyundai Merchant Marine announced that the private equity unit of Japanese financial services group Orix Corp has been selected as the preferred bidder for its controlling stake in affiliated stockbroking firm Hyundai Securities.
30 Jan 2015
Hanjin Shipping ended 2014 with a loss of $386 million, a result that was still an improvement of 37.8 percent over 2013 and was achieved on the back of a vastly improved operating result.
Weekly wrap-up: LA-LB congestion, ILA’s Daggett and Nicaragua canal
25 Oct 2014
Terminal congestion at the ports of Los Angeles and Long Beach was clearly on the minds of JOC.com readers again this week, with six of the Top 10 stories focusing on the issue.
23 Oct 2014
Ningbo-Zhoushan, the fastest growing major Chinese container port, is on track to supplant Busan as the fifth-largest global container gateway, according to new statistics
03 Oct 2014
UPS added 766 U.S. postal codes to its UPS Worldwide Express Plus network in the third quarter, extending the reach of its international earliest morning service deeper into the U.S.
29 Sep 2014
Busan Port handled 1.5 million 20-foot containers in August, its throughput growing 5.5 percent year-over-year on the back of strong transhipment volumes.
03 Sep 2014
Congestion at ports across Asia is creating havoc with shipping schedules, forcing a major intra-Asia specialist to cancel rotations as it battles lengthy delays.
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.