News / S Korean carriers ready to give D&D discounts as trucker strike eases

South Korean workers march in support of striking truckers. Credit Democracy Now

South Korean container shipping companies will temporarily reduce demurrage and detention charges incurred as a result of delayed transport to and from ports due to the truckers’ strike.

The Korea Shipowners’ Association (KSA) announced yesterday it had met with the Korea International Trade Association and Korea Federation of SMEs, and at their request agreed to get its members to cut D&D charges to support shippers.

KSA vice-chairman Kim Young-moo said the shipping companies would consult with the shippers over the extent of ...