CyberLogitec, a provider of maritime, port/terminal and logistics operations technologies, said OPUS Stowage was successfully implemented at Pan Continental Shipping, a container shipping company specialising in shipping lines in South Korea, China, Japan and Southeast Asia.
The introduction of OPUS Stowage at Pan Continental Shipping replaced another company’s previously implemented product.
OPUS Stowage is a vessel stowage planning solution that aims to maximise container vessel’s loading...
Korea Shipping Partnership (KSP), a quasi-alliance of South Korea’s liner and feeder operators, are seeking arbitration with regard to Busan Port Authority’s request that the carriers bear additional costs of KRW4.6 billion (US$3.76 million) for operating the multi-purpose terminal in Busan New Port for the past year.
KSP said on 1 June 2020 that it had requested mediation from the Korea Commercial Arbitration Board.
While additional equipment was installed at the terminal, cargo volumes were...
https://container-news.com/south-korean-liner-alliance-in-dispute-with-busan-port-authority/
Korea Marine Transport Company (KMTC Line) has retained its crown as the best performing South Korean feeder operator in terms of earnings.
All 12 privately owned South Korean feeder operators have released their 2019 results as required by law for companies with assets exceeding KRW12 billion (US$9.67 million).
In 2019, KMTC Line reported revenue of KRW1.84 trillion (US$1.59 billion), up 13.5% year-on-year, while net profits more than doubled to KRW36.66 billion (US$31.71 million). The company...
https://container-news.com/kmtc-line-maintains-leading-role-among-south-korean-feeder-operators/