- Five South Korean container shipping companies shake hands and agreed to establish a Korean Maritime Movement Alliance (K-Alliance).
- This was done in an effort to enhance competitiveness in Asia.
According to country’s Ministry of Oceans and Fisheries (MOF), HMM, SM Line, Pan Ocean, Sinokor Merchant Marine and Heung-A Line signed a basic agreement in order to create the first national shipping alliance, says an article published in Safety 4 Sea.
Benefits of the collaborationWhat is more, the...
https://mfame.guru/south-korean-container-majors-to-form-brand-new-k-alliance/