Moon Pledges Support for Shipping Industry
25 April, 2020
President Moon Jae-in on Thursday pledged to spare no effort to greatly help Korea's shipping industry become among the world's leaders. He was speaking at the christening of the Algeciras, the world's largest container vessel to be employed by Korean shipper Hyundai Merchant Marine.
The Algeciras can carry 24,000 containers. It's the first of 12 container ships of a similar size that'll be launched by Korean shipbuilders this season.
Moon emphasized the importance of the industry for the country's economy, vowing that there will never be a repeat of the down sides it suffered in 2017 with the collapse of Hanjin Shipping.
Noting the down sides the industry may face amid the coronavirus lockdown and decline popular, Moon said the federal government will consider all possible methods to make it steer through the crisis.
Source:
TAG(s):