Tag: South Korea
S. Korea To Provide Tax Rebates For LNG-Fueled Ships
The South Korean government has decided to offer tax rebates for LNG-fueled ships starting next year.
It is taken as part of efforts...
‘Ever Ace’- World’s Largest 24000TEU Container Ship Made its Maiden Voyage
world's largest 24,000TEU container ship makes its maiden voyage
'Ever Ace' is the first of a series of 12 container ships ordered by...
Global Economic Health is Emerging from Pandemic
Emerging data from the second quarter shows how China and South Korea, both of which originally opted for harsh lockdowns.
They have comfortably...
Qatar Petroleum Inks 20-year LNG Deal With KOGAS
Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons...
HMM To Offer 265 TEUs of Cargo Space
South Korea said Tuesday it has agreed with HMM Co., the country's largest shipper, to provide shipping services to North America.
It is...
Container Squeeze in South Korea Throws Exporters into Costly Gridlock
thousands of exporters like Dongkwang struggling to move their goods through Busan
the world's 7th busiest container port, where terminals handle over 59,000...
Vinssen’s Hydrogenia Vessel Unveiled At Busan International Boat Show 2021
Unveiled at the 2021 Busan International Boat Show, the Hydrogenia is South Korea’s first commercialized hydrogen electric boat.
The development of the boat...
LSMGO Prices May Drop in Singapore Amid Likely Rise in LCO...
LSMGO Prices May Drop in Singapore Amid Likely Rise in LCO Supply, says an article on SP Global.
New consumption tax
The prices of low sulfur...
HMM To Operate Two Additional Ships
HMM Co., announced that it has deployed two additional ships to cope with soaring freight costs amid the new coronavirus pandemic, says an article...
18 Injured In A Chemical Explosion In South Korea
Seventeen months on from a very high profile explosion in the southeast of South Korea and the ship in question remains the source of much...