Benefits of shipping cargo to Korea
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Korea is an East Asian country that is currently divided into two separate sovereign states, North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea), and it is separated from Taiwan to the south by the East China Sea. The adoption of the Chinese writing system ("Hanja" in Korean) in the 2nd century BC, and Buddhism in the 4th century AD, had profound effects on the Three Kingdoms of Korea which was first united during the Silla Dynasty (57 BC - 935) under the king Munmu of Silla. The united Silla dynasty fell to Goryeo Dynasty in 935 at the end of Later Three Kingdoms of Korea era. Goryeo was a highly cultural state and created the Jikji in the 14th century, using the world's first movable metal type printing press. The Mongol invasions in the 13th century, however, greatly weakened the nation which was forced to become a tributary state. After the Mongol Empire's collapse, severe political strife followed and Goryeo was replaced by the Joseon Dynasty in 1388. The first 200 years of Joseon were marked by relative peace and saw the creation of the Korean alphabet Hangul by King Sejong the Great in the 14th century and the rise in influence of Confucianism in the country. During the latter part of the dynasty, however, Korea's isolationist policy earned it the Western nickname the "Hermit kingdom". By the late 19th century, the country became the object of the colonial designs of Japan. In 1910, Korea was invaded by Japan and remained occupied until the end of World War II in August 1945. In 1945, the Soviet Union and the United States agreed on the surrender of Japanese forces in Korea and Soviet troops occupied north of the 38th parallel, while U.S. troops took surrender south of it. This decision by allied armies soon became the basis for the division of Korea by the two superpowers, exacerbated by their inability to agree on the terms of Korean independence. The two Cold War rivals then established governments sympathetic to their own ideologies, leading to Korea's current division into two political entities: North Korea and South Korea. The ensuing conflict between the two was largely a proxy war. North Korea, officially the Democratic People's Republic of Korea, is a single-party state with a centrally planned industrial economy. South Korea, officially the Republic of Korea, is a free market, democratic, and developed country with membership in the Organization for Economic Co-operation and Development (OECD) and the Group of Twenty.
Thu, 07 Aug 2014 02:00:00 -0700
... -2.6% 4.6% -2.9% 9.4% -10.3% 2.6% ----------------------- '000 Tons ---------------------- Cargo 214.76 209.19 211.25 215.03 234.02 181.85 197.84 Unloaded 107.64 103.88 102.00 101.08 111.05 87.33 93.89 Loaded 107.12 105.31 109.25 113.95 122.97 94 ...
Wed, 30 Jul 2014 01:15:00 -0700
The increase was attributed to a rise in import-export cargo, which gained 2.5 percent on-year to about 7.1 million TEUs in the first half. Transshipment cargo, or cargo processed in South Korea while en route to a final destination, also rose 7.1 ...
Supply Chain Digital
Thu, 31 Jul 2014 02:56:15 -0700
SINGAPORE, July 31 (Reuters) - South Korea's Lotte Chemical has bought at least one first-half September naphtha cargo at around $5 a tonne above Japan quotes on a cost-and-freight (C&F) basis, the lowest spot premium paid in the country in about five ...
Thu, 21 Aug 2014 16:36:35 -0700
SINGAPORE (Reuters) - Oil pricing agency Platts is consulting with traders on proposed changes to its key oil product benchmarks in Asia to include ports in Malaysia and possibly Indonesia as cargo loading points to take advantage of new storage ...
Wed, 20 Aug 2014 09:07:30 -0700
Centerm operator DP World (Canada) Inc., a subsidiary of Dubai-based DP World, celebrated the arrival of its Duke Point terminal's first container ship on Tuesday as part of its plan to test the waters of a containerized cargo shipping service directly ...
Business in Vancouver
Thu, 21 Aug 2014 22:03:45 -0700
Tokyo will carefully examine the investigation results before making a decision on whether to accept Pyongyang's demands for lifting bans on bilateral trade and entry into Japan by North Korea's Mangyongbong-92 cargo-passenger ferry, the sources added.
The Japan Times
Wed, 20 Aug 2014 20:00:00 -0700
His visit comes as the U.S. imposed sanctions on two North Korean shipping firms in late July after a cargo ship from the North was seized by Panama last year for carrying Soviet-era arms in violation of a United Nations arms embargo on Pyongyang.
Wed, 20 Aug 2014 08:22:30 -0700
“Despite the large amount of emissions produced by shipping the coal such a long distance, our analysis shows that the total emissions would drop because of the superior energy efficiency of South Korea's newer coal-fired power plants,” said Dalia ...