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Donghae Port Credit POSCO
South Korean dry bulk vessel operator SW Shipping will become the newest entrant to container shipping next year, operating a shortsea service to Vietnam from South Korea.
SW CEO Kang Seong-hun signed a memorandum of understanding with the government of Gangwon province, Donghae Port and Donghae Regional Office of Oceans and Fisheries to launch the service between Donghae and Ho Chi Minh City next June.
And in 2023, the line intends to start a service connecting Donghae with the Russian ports of ...
Comment on this article
Martyn Benson
December 15, 2021 at 3:19 pmNew container entrants also have to understand container fleet management and be set up to organise repositioning of surplus units, leasing and M&R control. These are things which are under-estimated by newcomers, who are annoyed when they see their container fleets and costs ballooning because they did not manage these items properly.