Seoul mandates comprehensive freight disclosures

South Korea’s Ministry of Oceans and Fisheries (MOF) has acted to improve the transparency of container freight charges so that shippers will be better informed of the prices offered by liner operators, across a broad selection of routes.

From 1 July 2020 lines must disclose the full amount that shippers have to pay for a wide range of services. On 21 February, the government amended the Korean Shipping Act to prevent unfair trading and to improve the disclosure of freight charges.

Prior to this...

https://container-news.com/seoul-mandates-comprehensive-freight-disclosures/

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