Accessible via the Amazon mobile app and website, Amazon's free shipping offer applies to purchases of $49 or more for delivery addresses in Korea.
Korea’s shipbuilding and shipping stocks traded strong for a second day in a row on Friday as the sector emerges as the latest battleground between the world’s two largest economies.
Container shipping costs between Europe and Korea surged by almost 40 percent in February due to tensions in the Red Sea, the highest increase since 2019 since data compiled since 2019.
Oceans Minister Kang Do-hyung said Thursday his ministry has been in discussions with relevant authorities with regard to restarting the sale process for HMM Co., Korea’s top container shipper.
it is imperative that Korea breed competitive digital logistics platforms.
President Yoon Suk Yeol said Thursday that the latest Incheon International Airport expansion work, expected to be completed this year, will be a step toward turning the area into a "global mega hub" airport complex by 2026.
Samsung Heavy has been ordered to pay $290 million in compensation to SK Shipping for defects in two of its LNG carriers. Issues with the vessels resulted in their operational suspension, though responsibility for those issues remains disputed.
The official bidding process for the acquisition of HMM is set to begin Thursday, paving the way for the deal that could fetch up to 7 trillion won ($5.4 billion).
The average shipping cost for a 40-foot container for the route was 4.38 million won ($3,358) last month, compared to 4.09 million logged a month earlier, according to the data.
Korean shipbuilder Hanwha Ocean has bagged a 656.2 billion-won ($498 million) order for four very large ammonia carriers (VLAC) from a Greek shipper.
Korea JoongAng Daily Sitemap