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20 October 2018 The on-line newspaper devoted to the world of transports 12:47 GMT+2

January 4, 2018

S.Korea Will Have to Spend 5 Trillion Won to Normalize Shipping Capacity

BUSAN, Jan. 4 (Korea Bizwire) - The South Korean shipping industry will have to spend a minimum of five trillion won to return its shipping container capacity to normal levels, a report has claimed.
According to the report released by the Korea Maritime Institute on Wednesday, Hyundai Merchant Marine, which is the largest shipbuilding company in South Korea, will have to secure an additional shipping capacity of nearly 2.92 million twenty-foot equivalent units (TEUs) to be on a par with the 2M alliance’s average level ......
Read more on The Korea Bizwire

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