Growing international transshipment numbers is key to Busan enhancing its position as the hub of Northeast Asia as a weak South Korean economy limits demand for imports and exports.
Kambara-kisen signed the contract with a service provider 'CyberLogitec Co.,Ltd.' (Seoul, Korea) for Japan's AFR*.
18 Jun 2015
Maersk Line and Mediterranean Shipping Co. will add a Panama Canal service in July from China and Korea to four U.S. South Atlantic ports to handle rising U.S import volume to the fastest-growing region.
07 Jun 2015
Pyeongtaek-Dangjin has a thriving automotive trade and aims to knock Busan out as South Korea’s busiest gateway for vehicle volume.
03 Jun 2015
China and South Korea have cleared the way towards implementing a free trade agreement later this year that will eventually scrap duties on 90 percent of the goods traded between the two nations.
18 May 2015
Maersk Line has entered into a vessel sharing agreement with Mediterranean Shipping Co, its 2M alliance partner, and Japan’s Mitsui OSK Lines (MOL) on the Asia to East Coast of South America trade route.
13 May 2015
Hanjin Shipping began its march toward a positive annual result this year with a first-quarter net profit of $21 million, its results buoyed by continued cost cutting and lower bunker fuel prices.
10 May 2015
Potato prices in South Korea more than doubled in April from a year earlier as importers struggle to match insatiable consumer appetite for honey flavored potato chips.
09 May 2015
South Korea's Busan port is consolidating its position as northeastern Asia’s transshipment hub.
08 May 2015
Maersk Group has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering for its latest series of ultra-large container ships.
02 May 2015
A deeper channel and additional berths will help South Korea's Busan Port Authority keep up with rising container volumes and bigger box ships.
24 Apr 2015
Hyundai Merchant Marine will become the first carrier to call at the port of Incheon’s new Sun-Kwang terminal when the Hyundai Tokyo ties up in mid-May as part of an Asia-U.S. G6 Alliance service.