ShippingWatch

ICS after South Korean state aid: "We must ensure level playing field"

The International Chamber of Shipping, ICS, emphasizes the need for fair competition in a comment to ShippingWatch on the South Korean state's million-dollar aid scheme for the national shipping industry. The ICS expects more aid packages.

Photo: ICS

The International Chamber of Shipping, ICS, thinks there is a need to ensure free competition, the ship owner organization, tells ShippingWatch in a comment.

The comment follows the South Korean state's announcement that it would support the national shipping industry, including container line HMM, with around USD 1 billion.

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