Shipping, marine and logistics services specialist, GAC Group has strengthened its position in the Asia-Pacific market with a new office in South Korea. The company said the new office will strengthen its capability to serve the growing, dynamic South Korean market. 

South Korea’s shipping industry is one of the world’s most vibrant and successful, accounting for more than 10 per cent of global maritime trade. Exports from the country are set to rise by 7.9 per cent in 2024 to reach $680 billion, according to forecasts by the Korea International Trade Association, while imports are expected to grow 3.3 per cent in the same period.

“We see great potential for growth in the Korean market and are committed to expanding our services while seeking synergies with our operations in the region,” says Daniel Nordberg, GAC’s Group Vice President – Asia Pacific & Indian Subcontinent.

For more than three decades, the Group has worked with local partners to provide a comprehensive range of shipping and logistics services at South Korean ports.

“The opening of our new office in Seoul is a testament to our belief in the potential of the Korean market,” adds Nordberg. “Having been a part of the Korean maritime landscape since 1985, the time is now right to establish a stronger local presence to build solid relationships with customers, respond more effectively to their needs and further solidify GAC’s position as a world class provider of shipping services.”