News / South Korea and Vietnam governments intercede for SME shippers

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The governments of South Korea and Vietnam are intervening to insure domestic exporters have sufficient container shipping capacity as more tonnage is absorbed by the Red Sea crisis.

South Korea’s Ministry of Oceans and Fisheries (MOF) said today it had called on mainline operators to reserve slots for local small and medium enterprises (SMEs) which are finding it hard to obtain export slots for Europe.

The threat of Houthi rebels attacking ships in the Red Sea region has caused at least 80% ...