Incheon Port Authority (IPA) has made it easier for liner operators to obtain incentives amid the Covid-19 pandemic, reducing the minimum qualifying cargo volume (on half-yearly basis) to 800TEU from 3,000TEU.
In 2019, aiming to revitalise the shipping and logistics industry in Incheon, the city’s authorities began providing KRW1 billion (US$816,000) in annual incentives to attract cargoes.
The incentives, comprising discounted port fees and handling charges, are targeted at liner operators,...
https://container-news.com/incheon-port-eases-incentive-criteria/