Shipping Cost Archives | Be Korea-savvy

Container Shipping Costs on EU-S. Korea Route Surge over 30 Pct amid Red Sea Crisis

SEOUL, May 16 (Korea Bizwire) — Container shipping costs from Europe to South Korea rose more than 30 percent on-month in April amid ongoing tensions surrounding the Red Sea, the customs agency said Thursday. The average shipping cost for a 40-foot container from the European Union to South Korea went up 32.8 percent on-month last [...]

Container Shipping Costs of S. Korea-EU Route Surge 40 Pct amid Red Sea Crisis

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, [...]