Market insight: DP World's Kenya deal – a hornet's nest?
One hellvua supply chain scrap could be shaping up
The turmoil in South Korea’s maritime industry continues. While the country struggles to make sure it has at least some form of container shipping service on which its largest exporters can depend, it now appears that the head of the DSME shipyard, where the 20 Maersk Triple-E vessels were built (and who was running the company as they were under construction), was involved in issuing some $25.5m of bribes, according to the Yonhap News Agency, acquaintances of former a Korea Development Bank head who is also facing corruption charges. It’s a messy, messy affair.