The South Korean government has launched a major support package for the domestic container shipping industry.
“The strategy for becoming a leading maritime nation” was announced by the Ministry of Oceans and Fisheries (MoF) on 29 June, as HMM finalised orders for a dozen 13,000 teu ships.
The MoF said shippers among Korea’s small and medium enterprises could get freight subsidies of up to 20%, if they signed long-term shipping contracts.
Describing this as …
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Source: The Loadstar
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