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Tuesday, January 14, 2025
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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Following the United States blacklisting of Chinese shipping giant COSCO, the owner and operator of the port of Piraeus, the operations at the major...

Rapid rate declines expected in February

Vespucci Maritime CEO Lars Jensen said in a Baltic Exchange report that the alliance reshuffling is expected to result in short-term overcapacity in February. This...

NYK establishes ship management firm for offshore wind power projects

In December, NYK jointly established Japan Offshore Support (JOS) together with Akita Eisen KK to provide ship maintenance and management services for offshore wind...

Wallenius Wilhelmsen wins 12-year terminal deal in Gothenburg

Scandinavian RoRo shipping and vehicle logistics company Wallenius Wilhelmsen wins a terminal contract in Gothenburg, taking a strategic step to expand its logistics services. The...