Photo Source: Korea Shipowner’s Association

Korean shipping companies voluntarily formed a partnership to promote the future development and boost the external credibility of the Korean shipping industry. Launched on August 8, 2017, the Korea Shipping Partnership (KSP) is the first consortium of all 14 Korean container shipping companies. They have agreed to establish a cooperative relationship to jointly promote the following: ▲ Expand freight exchange ▲ Rationalize sea routes, ▲ Jointly develop new routes, and ▲ Jointly secure overseas terminals.