Tight shipping capacity sees carriers skip Busan

South Korea’s Ministry of Oceans and Fisheries said that liner operators have been omitting calls to Busan, reportedly because Chinese shippers are more willing to pay higher freight charges.

Citing data from Busan Port Authority, the ministry said that from the beginning of this year to 10 July, 6,767 container ships entered the country’s busiest container port, a decrease of about 700 (9%) compared to the same period last year.

THE Alliance, comprising Hapag-Lloyd, ONE, Yang Ming and HMM, is...

https://container-news.com/tight-shipping-capacity-sees-carriers-skip-busan/

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