Tradelane Rivalry May Scupper South Korean Shipping Alliance

By Mike Wackett (The Loadstar) Yesterday’s partnership agreement between 14 South Korean shipping lines falls far short of the consolidation needed to bring them significant benefits, according to Alphaliner. The Korean Shipping Partnership (KSP) was announced by the Korea Shipowners’ Association (KSA) and is supported by the Ministry of Maritime Affairs and … [Read more...]