Market Chatter: KOBC to Invest KRW3.4 Trillion in Shipbuilding, Digitalization

MT Newswires Live

Feb 19, 2025

The Korea Ocean Business Corporation plans to invest 3.4 trillion won this year to boost South Korea's ocean industry through financial support and digital transformation, Yonhap News reported Tuesday.

The investment comprises 2.1 trillion won for shipbuilding, 730 billion won for harbor logistics, and 340 billion won for environment-friendly vessels, the report said.

An additional 1 trillion won will go into the ocean ministry's crisis response fund, while 13 billion won will support an AI-based data platform. KOBC also aims to establish an international shipping exchange for carbon trading and green fuel transactions, it said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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KOBC also aims to establish an international shipping exchange for carbon trading and green fuel transactions, it said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6519","symbol_name":"运输股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512658146","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512658146","pubTimestamp":1739933001,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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