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The South Korean government subsidized 10 shipping companies AGAIN!
Will Japan and Europe continue to complain to the WTO?July 31st, 2018, in order to revive the Korean shipping industry, Korea Ocean Business Corporation (Korea Marine Business Group, referred to as KOBC), which was formally established with strong background of the Korean government, announced that …
K-LINE and APLL reached a settlement on the misinformation of bankruptcy
Do you still remember the rumors that "K-LINE will be filed for bankruptcy reorganization" at the end of September 2016? On December 22, 2016, Japans Kawasaki Kisen Kaisha, Ltd. filed a civil lawsuit against the Tokyo District Court for APL Logistics Ltd (APLL).It is understood that Japan …
Princess Cruises order 2 LNG powered cruises
Recently, Fincantieri signed a memorandum with the Princess Cruises brand of the Carnival Group to build two new-generation LNG-powered luxury cruises.Fincantieri said that two 175,000-gross-tonnage cruise ships will be built by the Monfalcone shipyard. And they are scheduled to be delivered in late …
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