South Korea Establishes New Maritime Path to Hai Phong Port
The first 17 943-ton container ship Ever Chaste, running the Hai Phong – Ulsan routes, docked at Ulsan port. Source: Ulsan Jeilbo The 17,943-tonne container ship Ever Chaste from the Hai Phong port docked at the Republic of Korea’s Ulsan port, marking the opening of a new regular container shipping route between the two ports, VNA reported. According to the Ulsan Port Authority, a new service operator, Evergreen Korea, plans to operate three trips to Ulsan port weekly. It is predicted that this new shipping route will generate an annual volume of about 24,000 TEUs (1 TEU = one 20-foot container) for the port. Jeong Sun-yo, Executive Vice President of the Ulsan Port Authority, stated that the operator will make every effort to help the new transport route connecting Ulsan Port with Vietnam in particular and Southeast Asia in general operate stably. This year, the RoK has opened two new shipping routes from Ulsan to the port of Penang in Malaysia and Ningbo port in Chi...