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.
18 Jun 2014
From initial announcement to abandonment, the P3 Network's career was crowded into just 12 months. Our slideshow reviews the major developments in the story over the past year.
09 Jun 2014
Efforts by Maersk, CMA CGM and Mediterranean Shipping Co. to obtain approval of their proposed P3 Network have focused on the U.S., Europe and China. But with the U.S. and Europe having given thumbs up to the largest-ever carrier alliance, another country with a say in the issue — South Korea — has entered the fray late in the game as a potential obstacle.
Ocean Carrier Rate Revision Roundup for May 30
30 May 2014
Multiple container lines have planned general rate increases in various trade routes in June and July, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Ocean Carrier Rate Revision Roundup for May 16
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
15 May 2014
An aggressive focus on operating efficiency is reflected in the first quarter results of Neptune Orient Lines, Hanjin and Hapag-Lloyd, although the savings were not enough to offset the effects of excess capacity, high bunker prices and weak freight rates that continue to plague the industry.
Hanjin Valencia
30 Apr 2014
Hanjin Group took a major step towards shoring up its financially shaky foundation yesterday with a shakeup of the group’s shareholding structure and the appointment of chairman Cho Yang-ho as the CEO of South Korea’s largest shipping line.
Ocean Carrier Rate Revision Roundup for April 25
25 Apr 2014
Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.
Ocean Carrier Rate Revision Roundup for April 18
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
09 Apr 2014
Despite growing concerns about tight supplies and rising prices, U.S. red meat exports performed well in February...
U.S. containerized imports of auto parts in the fourth quarter rose 1.0 percent year-over-year.
01 Apr 2014
Containerized auto parts imported through U.S. ports reached 205,139 TEUs in the fourth quarter of 2013, increasing 1.0 percent year-over-year, according to PIERS, the data division of JOC Group.