Seoul acts to ease cargo bottlenecks and boost SMEs in tough peak season

The Korean government has again intervened in the container shipping market amid rising concern that smaller shippers (SMEs) will be starved of slots during the peak season.
Every Korean liner operator is to mobilise all available vessels for nine transpacific and four South-east Asian extra loaders this month.
And, expecting tight shipping capacity to persist into the fourth quarter, HMM and SM Line, Korea’s only ocean-going carriers, will deploy at least six …

The post Seoul acts to ease cargo bottlenecks and boost SMEs in tough peak season appeared first on The Loadstar.

Source: The Loadstar

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