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Looming labor strike at HMM feared to disrupt Harim's takeover

Unionized sailors of HMM are threatening to go on their first-ever strike in the company’s history, thereby raising concerns over the possibility of setbacks in Harim Group’s plan to acquire the shipping firm and the shipment of goods from the Port of Busan, according to industry officials, Wednesday. ....

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Shipping industry steps up efforts to mitigate impact of Red Sea tensions

The Korean shipping industry and several government organizations are increasing their efforts to minimize the impact of tensions in the Red Sea. The situation escalated as Iran-backed Houthis from Yemen attacked civilian vessels, purportedly to support Hamas conflict with Israel. ....

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RoK works to operate logistic centre in Vietnam

The Ministry of Oceans and Fisheries (MOF) of the Republic of Korea (RoK) said on January 5 that it has kicked off a corporate body in Vietnam, paving the way for the operation of a logistics centre in the Southeast Asian country to support small- and medium-sized enterprises. ....

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