Ministry of SMEs and Startups - Korea SMEs and Startups Agency, Recruiting Companies for Maritime Transport Support Project Participation
Application Submission at GoBiz Korea
[Asia Economy Reporter Kim Cheol-hyun] The Ministry of SMEs and Startups (Minister Park Young-sun, hereinafter referred to as the Ministry) and the Small and Medium Business Corporation (Chairman Kim Hak-do, hereinafter referred to as SBC) announced on the 4th that they are recruiting participating companies for a maritime transport support project targeting small and medium-sized enterprises (SMEs) facing difficulties in export logistics due to a recent shortage of operating vessels, in collaboration with the national shipping company HMM. This project was prepared as a follow-up measure to the "Business Agreement for Win-Win Cooperation between Export SMEs and National Shipping Companies" signed on the 29th of last month by the Ministry, the Ministry of Oceans and Fisheries, the Korea Shipowners' Association, and SBC.
HMM plans to prioritize providing a certain amount of cargo space (shipping capacity) allocated on the North American West Coast route, mainly used by our SMEs, to small and medium shippers from the 21st of this month until the end of the year. SBC will receive and compile urgent maritime export cargo demands from SMEs, deliver them to HMM, and jointly confirm the shipping companies with HMM, considering urgency factors such as whether the shipper is a small and medium shipper and delivery deadlines.
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Any SME with export volume from Korea to the United States can apply, and applications can be submitted through the 'KOBIZ Korea' website starting from the 4th. Kim Hak-do, Chairman of SBC, stated, "We have previously supported about 2 billion KRW for 2,000 export SMEs struggling due to increased air freight costs caused by COVID-19," adding, "SBC will promptly organize a maritime transport support system to minimize cargo transport disruptions and export difficulties for our export companies ahead of the year-end consumption season."
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