The South Korean government wants to boost the container carrying capacity of the country’s liner operators to 1.2 million TEU by 2025.
The Minister for Oceans and Fisheries, Moon Seong-hyeok, announced, on 12 August, a development to the five-year plan that was originally unveiled in 2017 to revive the country’s maritime industry after Hanjin Shipping collapsed.
State-backed ship finance institution Korea Ocean Business Corporation will provide the capital for ship owners to order new ships or...
https://container-news.com/seoul-unveils-grand-plan-for-container-shipping/