Port News

KMTC returns to the transpacific after 40-year absence

Korea Marine Transport Co (KMTC) is rejoining the suddenly booming transpacific container trades after a 40-year absence.  From Wednesday last week, cargo leaving China bound for the US carries a 30% tariff rate for a 90-day period – a reduction from the higher 145% tariff that was in place for six weeks. This has led …

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