seafarers Archives | Be Korea-savvy

Gov’t Unveils Measures to Enhance Seafarers’ Work Environment

SEOUL, July 13 (Korea Bizwire) — South Korea on Wednesday unveiled a string of measures to enhance the work environment for seafarers, specifically targeting the challenges posed by an aging workforce and a general shortage of labor in the sector. The government will engage in tripartite consultations involving labor, management, and government bodies to reduce [...]

Shipowners to Pay Penalties for Overdue Wages

SEOUL, Jan. 7 (Korea Bizwire) — Shipowners who owe overdue wages to seafarers will now be levied interest charges of 10 percent for the delay. The Ministry of Oceans and Fisheries recently announced that the revised enforcement ordinance of the Seafarer Act passed the Cabinet meeting. Under the revised enforcement ordinance, shipowners will have to [...]