Due to a decrease in bulk cargo volume, terminal operators at Incheon North Port are selling stakes to shipping companies to secure stable cargo volumes. Wonhae Shipping, a bulk shipping company, recently acquired a stake in INTC, a North Port terminal operator. The newly launched ‘Global Incheon North Port’ is a joint venture between Daejoo Heavy Industries and SeaRainbow International, a Sino-Korean shipping company, which aims to generate Chinese cargo volumes.
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Auto-posted at: 2025-03-25 21:04:25