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South Korea enters container manufacturing with Vietnam factory

South Korea enters container manufacturing with Vietnam factory

South Korea has started its own container manufacturing industry to tackle equipment shortages.
State-backed ship finance provider Korea Ocean Business Corporation (KOBC) yesterday announced a tie-up with flagship liner operator HMM, compatriot communications equipment maker Seojin System and container technology specialist Ace Engineering to start a container factory in Vietnam.
The equipment crunch has been attributed to the slow return of empty containers as the rebound in import demand last year led …

The post South Korea enters container manufacturing with Vietnam factory appeared first on The Loadstar.


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24 November 2021, 15:11