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South Korean shipping lines join forces

It’s been one year since the collapse of South Korea’s then-largest shipping liner, Hanjin Shipping. The country’s shipping industry is now taking a step forward and getting serious with reestablishing itself as a key player in the global container shipping industry. The remaining South Korean shipping lines, including current leaders HMM and newcomer SM Line, have come together to sign a memorandum of understanding to form the Korea Shipping Partnership.

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Agent at destination: Your eyes and ears on the ground

The world of ocean freight is huge, complex, and definitely not short of rules and regulations. Given the convoluted system of this massive industry, hiccups are not uncommon. Regardless of whether you’re a seasoned shipper, it’s always advisable to have an Agent at destination. This avoids unnecessary problems that could, as a result, lead to extra costs, delay, and not to mention a massive headache.

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Choosing an NVOCC: Ensuring it is FMC-licensed

Given the sheer amount of NVOCCs in the world, choosing one right for you may prove a daunting task. How do you know which is the best one for you? The first and foremost step of such a process would be to ensure that your NVOCC is licensed by the Federal Maritime Commission (FMC).

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