South Korea

South Korea

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.
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.
Mexico was the top market for U.S. pork exports by volume in January, although the No. 1 market in terms of value was Japan.
12 Mar 2014
U.S. red meat exports kicked off 2014 on a “positive note,” although market conditions suggest the year ahead could be “challenging,” according to statistics...
Port of Shanghai
12 Mar 2014
Carriers’ schedule reliability from Shanghai to Oakland, Calif., showed the greatest variation in eastbound Asia-to-Southern California route performances...
09 Mar 2014
South Korea is hoping to reach an agreement on access for its companies to make use of North Korea’s port city of Rason, which boasts an ice-free harbor near the Russian and Chinese borders.
24 Feb 2014
CMA CGM has launched the Equatorial Guinea Express, a weekly, direct service from Tanger-Med to the ports of Bata and Malabo in Equatorial Guinea.
03 Feb 2014
Supply chain operators claim intra-Asia cargo shipped to China via South Korean ports is being hit with unnecessary delays and tariffs that could be part of a Chinese strategy to reduce reliance on foreign transshipment ports.