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EUKOR
EUKOR is a specialised Roll-on/roll-off shipping line formed in 2002. The company's main business is the sea carriage of new and used cars and High & Heavy cargo. The name of the brand EUKOR comes from a portmanteau that combines together the words "Europe & Korea". Company profile EUKOR is a South Korean company owned by Wilh. Wilhelmsen along with Wallenius Lines, Wallenius Wilhelmsen Logistics, American Roll-on Roll-off Carrier, and United European Car Carriers. The company tonnage comprise 80 PCC-PCTC vessels transporting about 4 million cars every year, mainly from South Korea to the US and Europe. The main business consists in the maritime transport and distribution of cargo such as automobiles, trucks, trailers, Mafi roll trailers, heavy construction machineries and further types of rolling freight. Since 1999, when ''mv Asian Destiny'' was launched, the fleet started to include ships capable of carrying over 6,000 cars per voyage. Over half of the fleet's vessels in ...
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Hyundai Merchant Marine
HMM Co., Ltd. (), formerly known as Hyundai Merchant Marine, is a South Korean container transportation and shipping company. Overview HMM moves the largest portion of South Korea's exports, becoming the number one Korean national container carrier, especially since Hanjin Shipping was declared bankrupt and ordered to be liquidated. The company's office network is composed of four international headquarters, 27 subsidiaries, 76 branches, five overseas offices and 10 liaison offices. On the domestic market, HMM transports strategic materials such as crude oil, iron ore/coal and diverse special products as well as import/export goods. Earnings are eight trillion Korean won per year. As of 2020, HMM has built and launched the world's two largest container ships in terms of TEU capacity, the ''HMM Algeciras'' with a maximum TEU capacity of 23,964, and the ''HMM Copenhagen'' with a maximum capacity of 23,820 TEU. THE Alliance Along with Hapag-Lloyd, Ocean Network Express, and ...
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American Roll-on Roll-off Carrier
American Roll-on Roll-off Carrier is an American shipping line specialized in Roll-on/roll-off worldwide sea carriage. Overview ARC is the largest US-flag Roll-on/roll-off carrier, and the third largest US-flag shipping line overall operating in international trade. The company was founded in 1990, with headquartered in Ponte Vedra Beach, Florida and it is part of Wilh. Wilhelmsen group, along with Wallenius Wilhelmsen Logistics, EUKOR and United European Car Carriers. The company's tonnage results composed of 8 US flagged ships. All ARC vessels participate in the Maritime Security Program (MSP) and Voluntary Intermodal Sealift Agreement (VISA), providing to the US armed forces sea transportation from and to the US and Europe when the space on board is not utilized by commercial cargo. The company specializes in maritime transport and distribution of cargo such as automobiles, trucks, trailers, Mafi roll trailers, heavy construction machineries and further types of rolling frei ...
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Wallenius Lines
Wallenius Lines is a privately owned Swedish shipping company. The company was founded in 1934 by Olof Wallenius. Wallenius Lines is an investor and active owner within the global shipping industry, specifically the international car and roll-on/roll-off segment. Wallenius Lines is fully owned by Rederi AB Soya and part of the Soya Group. History In the 1960s, Wallenius pioneered the RoRo concept, first on the North Atlantic trade and later on the Asian trade when Wallenius became the first independent shipping line to work with Japan’s automobile manufacturing industry. See also *Wallenius Wilhelmsen Logistics *Wallenius Marine *Wilh. Wilhelmsen *American Roll-on Roll-off Carrier *EUKOR *United European Car Carriers *Nippon Yusen Kaisha Nippon Yūsen Kabushiki Kaisha (Japan Mail Shipping Line), also known as NYK Line, is a Japanese shipping company and is a member of the Mitsubishi '' keiretsu''. The company headquarters are located in Chiyoda, Tokyo, Japan. It op ...
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Wallenius Wilhelmsen Logistics
Wallenius Wilhelmsen Logistics was a privately owned Norwegian/Swedish shipping company, established in 1999 and co-owned by the two shipping companies Wallenius Lines and Wilh. Wilhelmsen. Overview Prior to its restructuring and division of its services in 2017 as the Wallenius Wilhelmsen Group, the company offered a range of logistics services, including supply chain management, ocean transportation using Neo-bulk cargo ships, terminal handling, inland distribution and technical services. After rebranding and reorganisation, it remains one of the world's largest companies in the transporting of Roll-on/roll-off equipment: automobiles, heavy machinery (mining, construction, farming equipment), yachts, trains, power stations, trailers, Mafi roll trailers and others. Headquartered in Oslo and Stockholm, with main regional offices in New York, Tokyo and Melbourne, the company has 8,700 employees worldwide. On 29 October 2008 Wallenius Wilhelmsen Logistics received the distingui ...
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Yuan (currency)
The yuan (; sign: ¥; ; ) is the base unit of a number of former and present-day currencies in Chinese. A ''yuan'' () is also known colloquially as a ''kuai'' (; originally a lump of silver). One ''yuan'' is divided into 10 ''jiao'' () or colloquially ''mao'' ( "feather"). One ''jiao'' is divided into 10 ''fen'' (). Current usage Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. RMB banknotes start at one Yuan and go up to 100 Yuan. It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms ''sterling'' to designate British currency and ''pound'' for the unit of account.) The symbol for the yuan (元) is also used in Chinese to refer to the currency units of Japan ''(yen)'' and Korea ''( won)'', and is used to translate the currency u ...
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Balboa, Panama
Balboa is a district of Panama City, located at the Pacific entrance to the Panama Canal. History The town of Balboa, founded by the United States during the construction of the Panama Canal, was named after Vasco Núñez de Balboa, the Spanish conquistador credited with discovering the Pacific Ocean. The name was suggested to the Canal Zone authorities by the Peruvian ambassador to Panama. Prior to being drained, filled and leveled by the U.S. Army Corps of Engineers, the hilly area north of Panama City was home to a few subsistence ranches and unused marshlands. The town of Balboa, like most towns in the Canal Zone, was served by Canal Zone Government–operated schools, post office, police and fire stations, commissary, cafeteria, movie theater, service center, bowling alley, and other recreational facilities and company stores. There were several schools in the area, including Balboa Elementary School, Balboa High School (Panama), Balboa High School, and the private St. ...
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Ulsan
Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north. Ulsan is the industrial powerhouse of South Korea, forming the heart of the Ulsan Industrial District. It has the world's largest automobile assembly plant, operated by the Hyundai Motor Company; the world's largest shipyard, operated by Hyundai Heavy Industries; and the world's third largest oil refinery, owned by SK Energy. In 2020, Ulsan had a GDP per capita of $65,352, the highest of any region in South Korea. Administrative divisions Ulsan is divided into four '' gu'' (districts) and one ''gun'' (county): *Buk District () * Dong District () * Jung District () * Nam District () *Ulju County () History Stone tools found at the Mugeo-dong Ok-hyeon archaeological site indicates t ...
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Gulf Of Aden
The Gulf of Aden ( ar, خليج عدن, so, Gacanka Cadmeed 𐒅𐒖𐒐𐒕𐒌 𐒋𐒖𐒆𐒗𐒒) is a deepwater gulf of the Indian Ocean between Yemen to the north, the Arabian Sea to the east, Djibouti to the west, and the Guardafui Channel, Socotra and Somalia to the south. In the northwest, it connects with the Red Sea through the Bab-el-Mandeb strait, and it connects with the Arabian Sea to the east. To the west, it narrows into the Gulf of Tadjoura in Djibouti. The ancient Greeks regarded the gulf as one of the most important parts of the Erythraean Sea. It later came to be dominated by Muslims, as the area around the gulf converted to Islam. From the late 1960s onwards, there started to be an increased Soviet naval presence in the Gulf. The importance of the Gulf of Aden declined when the Suez Canal was closed, but it was revitalized when the canal was reopened in 1975, after being deepened and widened by the Egyptian government. The waterway is part of the importa ...
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Mitsui O
is one of the largest ''keiretsu'' in Japan and one of the largest corporate groups in the world. The major companies of the group include Mitsui & Co. (sogo shosha, general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor’s thesis. Supervisor: Kristín Ingvarsdóttir. Reykjavik, University of Iceland, p. 15. in Matsusaka, Mie, Matsusaka, in what is now today's Mie prefecture. From his shop, called Echigoya (越後屋), Mitsui Takatoshi's father originally sold miso and ran a pawn shop business. Later, the family would open a second shop in Edo (now called Tokyo ...
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Jeddah
Jeddah ( ), also spelled Jedda, Jiddah or Jidda ( ; ar, , Jidda, ), is a city in the Hejaz region of the Kingdom of Saudi Arabia (KSA) and the country's commercial center. Established in the 6th century BC as a fishing village, Jeddah's prominence grew in 647 when the Caliph Osman made it a major port for Indian Ocean trade routes, channelling goods to Mecca, and to serve Muslim travelers for Islamic pilgrimage. Since those times, Jeddah has served as the gateway for millions of pilgrims who have arrived in Saudi Arabia, traditionally by sea and recently by air. With a population of about 4,697,000 people as of 2021, Jeddah is the largest city in Makkah Province, the largest city in Hejaz, the second-largest city in the Saudi Arabia (after the capital Riyadh), and the ninth-largest in the Middle East. It also serves as the administrative centre of the OIC. Jeddah Islamic Port, on the Red Sea, is the thirty-sixth largest seaport in the world and the second-largest and s ...
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Malacca Strait
The Strait of Malacca is a narrow stretch of water, 500 mi (800 km) long and from 40 to 155 mi (65–250 km) wide, between the Malay Peninsula (Peninsular Malaysia) to the northeast and the Indonesian island of Sumatra to the southwest, connecting the Andaman Sea (Indian Ocean) and the South China Sea (Pacific Ocean). As the main shipping channel between the Indian and Pacific oceans, it is one of the most important shipping lanes in the world. It is named after the Malacca Sultanate that ruled over the strait between 1400 and 1511, the center of administration of which was located in the modern-day state of Malacca, Malaysia. Extent The International Hydrographic Organization define the limits of the Strait of Malacca as follows: History Early traders from Arabia, Africa, Persia, and Southern India reached Kedah before arriving at Guangzhou. Kedah served as a western port on the Malay Peninsula. They traded glassware, camphor, cotton goods, brocades, ivory, sandalwo ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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