Vietnam to boost domestic box fleet as more shippers shift from China
Vietnam’s state-controlled shipping group, Vietnam Maritime Corp (VIMC), plans to acquire more containerships and build ...
South Korean intra-Asia carrier Sinokor Merchant Marine has diverted a containership to Ulsan to facilitate the delivery of much-needed urea from China.
Diesel-fuelled vehicles in South Korea are required by law to use urea as an additive to cut emissions and, currently, a shortage is so serious that the government is rationing supplies.
The urea shortage was instigated by China’s power restrictions on manufacturing, which restricted its output of fertiliser and, ultimately, led to China restricting urea exports.
Korea’s Ministry of Oceans and ...
European port congestion now at five-to-six days, and getting worse
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