The agreement includes operating services in the Canary Islands, the Alboran Sea and part of the Strait of Gibraltar, managing 15 ferries and adding 1,500 new employees to the group.
The Korea Trade Insurance Corporation (K-SURE) and Trafigura have entered into a USD200 million mid- to long-term financing agreement to boost the export business of Korean shipping companies.
The MOU outlines a framework for cooperation between Provaris and “K” LINE, focusing on the development, construction, and operation of Provaris’ innovative H2Neo Carrier and H2Leo Barge.
