ShippingPRESS RELEASE – As of November 1st, 2020, managing director Ki Jun Park of Jumbo Korea hands over the management to Jason Hwang. Park will continue as an advisor to the board, ensuring that Jumbo...Read more
Cargolux Italia has launched a brand new routing between Milan-Malpensa in Italy and Incheon in South Korea, where the country’s primary international airport is located.
The new frequency began on July 16th and includes two weekly...Read more
ShipbuildingShipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more