SEOUL, Jul.15 (Korea Bizwire) — Container shipping costs from South Korea to Europe rose for the second consecutive month in June amid prolonged tensions surrounding the Red Sea, the customs agency said Monday. The average shipping cost for a 40-foot container from South Korea to the European Union soared 44.6 percent on-month, or 121.6 percent [...]
SEOUL, Apr. 15 (Korea Bizwire) — Container shipping costs from South Korea to Europe soared nearly 40 percent on-year in March amid ongoing tensions surrounding the Red Sea, the customs agency said Monday. The average shipping cost for a 40-foot container for the South Korea-European Union route came to 4.25 million won (US$3,077) last month, [...]
SEOUL, Mar. 15 (Korea Bizwire) — Container shipping costs from Europe to South Korea soared nearly 40 percent in February amid continued tensions surrounding the Red Sea, data showed Friday. The average shipping cost for a 40-foot container for the route jumped 38.7 percent on-month to 1.24 million won (US$934.16) last month, according to the [...]
SEOUL, Feb. 15 (Korea Bizwire) — Container shipping costs from South Korea to Europe soared more than 70 percent last month amid escalating tensions in the Red Sea, data showed Thursday. The average shipping cost for a 40-foot container for the route surged 72 percent on-month to come to 4.35 million won (US$3,262.5) in January, [...]
SEOUL, Jan. 15 (Korea Bizwire) — South Korea is considering various measures to secure safe passage for cargo ships in the Red Sea amid rising tensions on the major shipping route, the defense ministry said Monday. Tensions in the Red Sea have escalated as the United States and Britain conducted strikes on military targets in [...]