Amid the COVID-19 outbreak, South Korea’s Ministry of Oceans and Fisheries plans to provide around KRW60 billion (US$ 51 million) in loans and incentives to stevedoring companies, port operators and liner operators that are affected by the plunge in container shipments from China.
Should the situation persist over the next three months, the loans will be disbursed to companies that apply for the financial aid.
With regard to liner operators, the financial assistance will be in the form of ship...
https://container-news.com/seoul-launches-aid-package-for-covid-19-hit-container-sector/