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Liner operators minimize impact of South Korean fines - Vimarsana News

Liner operators minimize impact of South Korean fines

Liner operators minimize impact of South Korean fines

South Korea fines 23 shippers, with three Taiwanese - Vimarsana News

South Korea fines 23 shippers, with three Taiwanese

South Korea’s antitrust watchdog yesterday fined 23 domestic and foreign shippers a combined 96.2 billion won (US$80.84 million) for price-fixing, including three Taiwanese container shippers — Evergreen Marine Corp (長榮海運), Yang Ming Marine Transport Corp (陽明海運) and Wan Hai Lines Ltd (萬海航運) — the Central News Agency and Japan’s Nikkei Asia reported. Korea Marine Transport Co and Sinokor Merchant Marine Co instigated the collusion by raising freight rates for routes between South Korea and Southeast Asia, China and Japan, and they were later joined by other forei...

China shipping to South-East Asia sees prices surge tenfold as reopening demand picks up - Vimarsana News

China shipping to South-East Asia sees prices surge tenfold as reopening demand picks up

Shipping rates from China to surrounding Asian countries have soared amid the peak season ahead of the Lunar New Year, adding fuel to an already overheated global shipping market disrupted by the coronavirus pandemic.

China shipping to South-East Asia sees prices surge tenfold as reopening demand picks up - Vimarsana News

China shipping to South-East Asia sees prices surge tenfold as reopening demand picks up

Shipping rates from China to surrounding Asian countries have soared amid the peak season ahead of the Lunar New Year, adding fuel to an already overheated global shipping market disrupted by the coronavirus pandemic.

A Broken Supply Chain Isn't a Problem for the Logistics Industry; It's a Moneymaking Opportunity - Vimarsana News

A Broken Supply Chain Isn't a Problem for the Logistics Industry; It's a Moneymaking Opportunity

Thirty thousand high-end snow globes are trapped in California's San Pedro Bay, split between two shipping containers on two ships in the idle flotilla