‘White list’ trade tit-for-tat spat between South Korea and Japan
Further trade tensions are mounting in the east, with South Korea set to drop Japan from its fast-track trade “white list”. As China and the US trade spat continues, Reuters reports that the government...
View ArticleHMM to axe AEX and move towards early THE Alliance partnership
HMM appears to be going into its partnership with THE Alliance early, announcing that it will be dumping its beleaguered Asia-North Europe service later this month. It will be terminating its AEX...
View ArticleUK and South Korea sign ‘continuity’ trade agreement
It appears the UK may have reached a “continuity” trade agreement with South Korea. The BBC reports that international trade secretary Liz Truss has signed an agreement with her South Korean...
View ArticleKorean Air eyes new routes as a second trade war starts in Asia
Korean Air has reduced flights to Japan and expanded cargo services to South-east Asia and South America in the wake of a second trade war front opening up over the summer. With demand impacted by both...
View ArticleWiseTech Global snaps up South Korean customs software provider Ready Korea
Australia’s WiseTech Global has entered the merger and acquisition arena with an agreement to buy South Korean customs software provider Ready Korea. The Sydney-headquartered logistics software...
View ArticleRTR: South Korea January exports fall for 14th straight month, virus threat...
REUTERS reports: South Korean exports suffered a sharper contraction in January, falling for a 14th straight month as worsening sentiment over the new coronavirus and the effect from fewer working days...
View ArticleFlight cancellations and factory closures hit South Korea trade as...
Coronavirus in South Korea has prompted flight cancellations and factory closures, with reports of capacity problems at ports and airports. Reminiscent of China’s sudden isolation in late January,...
View ArticleSouth Korean shipping sector ‘heading for disaster’ as virus crisis hits...
As volumes plunge amid the coronavirus crisis, South Korea’s shipping industry is “heading for disaster”. Other than cancelled passenger flights, so far there has been limited impact on cargo...
View ArticleHMM launches world’s biggest box ship – but its first voyage may be the last
As South Korean shipping line HMM today formally launched the world’s largest containership, the country’s government outlined an enormous financial package to prop up its maritime industries....
View ArticleSupply chain radar: Inside the upside down world of HMM
Like a footballer returning from a potentially career-ending injury who appears unable to commit to a tackle, the spectre of Hanjin continues to haunt the South Korean shipping industry – it is hard to...
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