South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

South Korean Shipping Companies Tackle Challenges: The Competitive Path of Large Container Ships

As competition intensifies in the global shipping market, South Korean shipping companies urgently need to acquire ultra-large container ships to reduce costs and enhance their market competitiveness. However, liquidity issues and financing difficulties complicate this goal. Additionally, overcapacity in the industry and falling freight rates pose challenges to profitability. Regulatory authorities oppose the merger of two companies, citing potential negative impacts on the overall economy. In the future, businesses must find a breakthrough between new ship investments and market adaptation, with hopes for a recovery.

07/21/2025 Logistics
Read More
Efficient Search for Shipping and Vessel Schedules

Efficient Search for Shipping and Vessel Schedules

Logistics management is crucial in modern business. This platform offers efficient vessel schedule searches, helping you find suitable transportation plans and supports various logistics services, including maritime, air freight, and warehousing. With professional cargo tracking and green logistics solutions, we are dedicated to optimizing your supply chain management.

07/02/2025 Logistics
Read More
Global Shipping Industry Adopts Realtime Vessel Tracking

Global Shipping Industry Adopts Realtime Vessel Tracking

This article details practical techniques and popular websites for international maritime vessel tracking, including Shipxy, MarineTraffic, VesselsValue, and China Ports. It analyzes their applications in various scenarios and provides usage notes, aiming to help foreign trade practitioners and cargo owners better understand cargo transportation dynamics and improve business efficiency. The guide covers how to effectively utilize these platforms to monitor vessel positions, access historical data, and gain insights into global shipping routes, ultimately empowering users to optimize their supply chain management.

01/27/2026 Logistics
Read More
Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
Read More
Guide to NVOCC Operations and Freight Forwarding Essentials

Guide to NVOCC Operations and Freight Forwarding Essentials

This article delves into the critical aspects of freight forwarding operations, including the selection of Non-Vessel Operating Common Carriers (NVOCCs), vessel schedule inquiries, import document processing, bill of lading payment and exchange procedures, invoice amount modifications, and the universality of the 45GP container code. It aims to help freight forwarders and foreign trade enterprises improve efficiency and reduce risks by providing a comprehensive overview of key processes and best practices in the industry.

08/23/2025 Logistics Encyclopedia
Read More
Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Global Electric Shipping New Era: Norway Plans to Build Largest All-electric Container Ship

Norway's Eitzen Group plans to build the world's largest all-electric container ship, receiving approximately $19 million in government support. This vessel will be equipped with over 100 megawatt-hours of batteries and will focus on transportation between Norway, Sweden, and Germany. This initiative marks a new phase in electric shipping, heralding a future for sustainable development. The current largest electric container ship is COSCO's 'Greenwater 01'.

06/18/2025 Logistics
Read More
Guide to FCL Shipping for International Ocean Freight

Guide to FCL Shipping for International Ocean Freight

This article provides a detailed explanation of the entire FCL (Full Container Load) international shipping process, from booking to cargo pickup. It covers key steps such as booking requests, container pickup arrangements, cargo loading, returning the loaded container to the depot, customs clearance and inspection, and finally, loading the cargo onto the vessel for shipment. The aim is to provide readers with a comprehensive understanding of the core aspects of ocean freight logistics, particularly focusing on the practical steps involved in FCL shipments.

01/15/2026 Logistics Encyclopedia
Read More
Guide to Modern Shipping Vessel Types and Uses

Guide to Modern Shipping Vessel Types and Uses

This report provides an in-depth analysis of ship classification standards, characteristics, and applications within modern logistics systems. It details the features and suitable scenarios for various ship types, including passenger/cargo ships, general cargo ships, container ships, Ro-Ro ships, LASH ships, bulk carriers, tankers, liquefied gas carriers, and combination carriers. Furthermore, it explores critical issues such as ship selection and logistics efficiency optimization. The report also forecasts the future development trends of the shipping industry towards intelligence and green practices.

08/21/2025 Logistics Encyclopedia
Read More