Independent journal on economy and transport policy
08:33 GMT+2
Crisis grips maritime logistics industry
(The Korea Herald)
February 17, 2009
A sense of crisis is prevailing in the maritime logistics industry, as a government-led restructuring plan for the ailing sector is being delayed.
According to financial services industry officials yesterday, Samsung Logix Corporation, the seventh-largest shipping logistics company in the country, applied for a court receivership on Feb. 6, but neither the government nor its creditor banks have taken action on behalf of the ailing industry yet ...... Read more on The Korea Herald
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