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Tags Korea Ocean Business Corp. (KOBC)

Tag: Korea Ocean Business Corp. (KOBC)

Ex-Busan container rate index shows downward trends

The KOBC Container Composite Index (KCCI) closed at 1,255 points on 20 November, according to Korea Ocean Business Corp. (KOBC). The index fell 0.55% from...

HMM to commission a dozen 13,000TEU vessels by June

HMM will order a dozen 13,000TEU ships within H1 2021, at the direction of South Korea's Ministry of Oceans and Fisheries (MOF). The newbuilding plan...

South Korea eyes container manufacturing

The South Korean government is considering starting a container factory to address the ongoing container shortage. Officials from the state-backed ship finance institution Korea Ocean...

KMTC Line and KOBC launch Port Klang facility

South Korean feeder operator Korea Marine Transport Company (KMTC Line) and the state-backed finance institution Korea Ocean Business Corporation (KOBC) have jointly launched a...

Sinokor gets nearly US$180m in loans from policy lenders

South Korean financial institutions have put up a loan package of nearly KRW200 billion (US$179 million) for Sinokor Merchant Marine, the country’s second largest...

Gov’t to inject $706 million into HMM

The government is considering an injection of 800 billion won ($706 million) into Hyundai Merchant Marine Co., the nation's leading oceangoing shipping company, within...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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