Logistics
Logistics
Korea’s Busan port congestion worsening with boxes stacked, ships delayed
May 03, 2021 (Gmt+09:00)
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Logistics
Goldman-backed Korea Superfreeze to build $2.2 bn facilities
Korea Superfreeze Co., 24.95% owned by Goldman Sachs PIA, will spend 2.5 trillion won ($2.2 billion) in building six cold storage facilities in South...
Apr 26, 2021 (Gmt+09:00)
3 Min readlanguage -
Logistics
CPPIB, ESR to double first Korean logistics JV to $1 bn
The Canada Pension Plan Investment Board (CPPIB) and Hong Kong-based logistics property developer ESR will expand their $500 million Korean logistics...
Apr 23, 2021 (Gmt+09:00)
2 Min read -
Logistics
Hyundai Glovis, Changjiu team up to boost China-Europe rail transport
South Korea-based Hyundai Glovis Co. has teamed up with China’s largest automotive logistics firm, Changjiu Group, to foster rail transport ope...
Mar 03, 2021 (Gmt+09:00)
1 Min readlanguage -
Logistics
China logistics firms yield decent returns for Korean investors
MBK Partners and two leading South Korean conglomerates – SK and CJ groups – have chalked up hefty returns from investments in Chinese lo...
Mar 03, 2021 (Gmt+09:00)
3 Min readlanguage -
Logistics
HMM, SM Line to deploy container ships to support Korean exporters
South Korea’s leading shipping companies have decided to deploy at least five container carriers on major sea routes to provide support for loc...
Jan 22, 2021 (Gmt+09:00)
1 Min read -
Logistics
Surging freight rates, bulker shortages squeeze Korean importers
Surging sea freight rates, coupled with a shortage of bulk carriers and container ships, are putting South Korean exporters and importers in a bind a...
Jan 21, 2021 (Gmt+09:00)
3 Min readlanguage -
Logistics
Hyundai Glovis, Ulsan Port Authority to build logistics center in Ho Chi Minh City
South Korea’s Hyundai Glovis Co. and a local port authority will build a logistic center in Vietnam’s Ho Chi Minh City to use it as a dis...
Jan 14, 2021 (Gmt+09:00)
1 Min read -
Logistics
S. Korea's shipping firms grapple with container shortages
Growing shipping volumes and surging sea freight rates are wreaking havoc on South Korea's shipping companies, reeling from a dire shortage of contain...
Nov 12, 2020 (Gmt+09:00)
2 Min read -
Logistics
Korean firms face triple whammy of soaring KRW, freight rates, Biden
South Korea’s major companies are facing a triple whammy of challenges — a stronger Korean currency, soaring seaborne and air freight rate...
Nov 08, 2020 (Gmt+09:00)
6 Min readlanguage
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