“K” Line to transport iron ore for Hyundai subsidiary
“K” Line to transport iron ore for Hyundai subsidiary
Japanese ocean carrier “K' Line said Friday that it has signed an agreement with Glovis Co., Ltd., a Seoul-based logistics subsidiary of Hyundai Motor Co., for a 20-year consecutive voyage charter contract.
Starting from 2012, “K” Line will use a dedicated very large ore carrier to transport iron ore consigned to Hyundai Steel Co. from the western coast of Australia to South Korea.
