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Tags Korea Ocean Business Corporation (KOBC)

Tag: Korea Ocean Business Corporation (KOBC)

Higher consumption in China, US contributed to rate spike

Rising consumption before and after China’s Labour Day holiday, the Canadian railroad strike and concerns relating to the labour-management conflict at US ports are...

HMM sale to Harim-JKL collapses

HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...

Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...

Seoul to help shipping lines acquire port assets through KOBC

South Korea's state-backed ship finance institution Korea Ocean Business Corporation (KOBC) is set to help compatriot liner operators to acquire port and terminal assets. On...

KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$69.5 million in the K-Container Box Fund Investment Program, along with Korea...

“Time for us to take our hands off HMM,” says KDB chairman

Korea Development Bank (KDB) chairman, Lee Dong-gull said on 1 December that the time has come for the South Korean state-backed policy lender to...

South Korean government’s HMM stake sale to be outlined in 2022 first quarter

The South Korean government is discussing the offloading of the state's shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and...

South Korean companies start container factory with KOBC’s backing

South Korean engineering group Seojin Systems and compatriot container technology specialist Ace Engineering will establish a container factory in Vietnam in mid-2022, with support...

South Korean liner bosses ask KOBC for more state financial support

Representatives of all 15 South Korean liner operators met with the Korea Ocean Business Corporation's new CEO, Kim Yang-soo, requesting continuing funding to procure...

KOBC ups box leasing to HMM as shortages drag into 2021

State-backed ship financing institution Korea Ocean Business Corporation (KOBC) has agreed to a third round of container leases with the country’s flagship liner operator,...
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Port of Trelleborg proceeds with expansion project

Nearly 50,000 m² have now been paved by Skanska in the new eastern section of the Port of Trelleborg. This asphalting project is part...

Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk

MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark,...

Container ship fleet sees fastest growth in 15 years

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6 million TEUs. "Compared to one year ago, the...

CMA CGM applies peak season surcharge in Gabon

CMA CGM has announced the implementation of a Peak Season Surcharge (PSS) from the port of Libreville in Gabon. Effective from 15 August 2024 (loading...