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South Korea faces trade policy impacts from the US, affecting shipping costs and eco-efforts.
South Korea is monitoring US trade policies and tariffs that could affect the country's shipping industry, potentially boosting freight rates short-term but lowering shipping demand long-term.
The US's push for fossil fuels may also weaken efforts for a carbon-free shipping route by 2027.
South Korea plans to promote eco-friendly measures despite these challenges and address a rise in fishing boat accidents.
2 months ago
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