Intense intra-Asia competition as carriers launch more SE Asia services

In another sign of growing intra-Asia container trades, South Korea’s Incheon port has a new link with South-East Asia, through a new services offering regional links.

Intense competition in the East Asia-South East Asia trades is growing, a point noted by South Korea’s Minister of Oceans and Fisheries Moon Seong-hyeok when he launched an enhanced five-year plan to revive the shipping industry on 12 August.

That competition has intensified with the launch by Heung-A of a new service connecting...

https://container-news.com/intense-intra-asia-competition-as-carriers-launch-more-se-asia-services/

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