News / Dry bulk player SW Shipping plans to enter buoyant container market

Donghae Port Credit POSCO

15/12/2021

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 ...

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Martyn Benson
December 15, 2021 at 3:19 pm
New 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.

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