Feeder vessel fetches 'bullish' price as cash buyers bet on scrapping boom
A feeder ship owned by South Korean operator Sinokor has been sold for what was ...
Sinokor Merchant Marine is expanding services carrying much-needed urea to South Korea, as the government seeks additional sources of the fuel additive.
The South Korean intra-Asia carrier and its subsidiary, Heung-A Line, said they expect to carry more than 300 teu of urea between last month and January.
Diesel-fuelled vehicles are required by South Korean law to use urea to slash emissions, and the country had relied on China for 97% of its supplies. However, power rationing meant a drop in urea ...
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