Incheon Port to offer more loans to defray surging freight and fuel costs

Incheon Port Authority (IPA) is offering around US$6 million of loans to shipping companies and forwarders hit by high bunker costs. Incheon, the main gateway to the Seoul metropolitan area in South Korea, is the country’s second-busiest container port after Busan. The Shared Growth Mutual Fund is a low-interest financing support program that the Incheon […]

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