South Korean state may prefer bigger stake in cash-rich HMM to a sale
The South Korean state could increase its stake in HMM to 72%, as the country’s ...
Source Cainiao
Alibaba’s logistics arm, Cainiao, today launched an express China-South Korea service to ship merchandise bought on the e-commerce platforms.
The China-South Korea Daily will see around 20 40ft containers moving on Weihai Jiaodong International Container Shipping’s ro-ro ferry, New Grand Peace, between Weihai in Shandong province and South Korea’s Pyeongtaek port. The service involves six 13-hour trips a week.
Cainiao was prompted to sign up with Weihai Jiaodong after shipments to South Korea saw triple-digit growth in the first six months of the ...
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