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South Korea Completes First Arctic-Europe Commercial Round Trip: What It Proves
The PanStar Acro returned to Busan on October 11 after a 50-day Arctic-Europe voyage. Shipping companies still face ice, insurance…
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US Treasury Sanctions 17 Vessels in New Iran Shipping Restrictions
The US Treasury added 17 vessels to Iran-related sanctions on October 8, targeting oil and petrochemical shipping networks. Here is…
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Government intervenes to increase container capacity in response to shortage during export push
The government on Thursday announced steps, including reducing certain charges at ports and purchase of five additional second-hand container vessels…