News / Seoul expands container shipping assistance for smaller exporters

South Korean liner operators HMM, SM Line and Korea Marine Transport Company (KMTC Line) are to reserve 900 teu every week for small and mid-sized shippers, as the government intervenes again to ease rising logistics costs.

Of the total, due to high demand, 680 teu will be allocated for US west coast-bound shipments, while 50 teu each will be assigned for cargo going to the US east coast and Europe and 120 teu for cargo moving from South Korea to South-east ...