First Nanjing-Ulsan container shipping line launched

KOREA-based Namsung Shipping started a new shipping service from Nanjing to Korea`s port of Ulsan, Xinhua reported.

This is the first container shipping service between the two cities, also Nanjing`s first near sea shipping lane in five years. The service offers a sailing per week on Wednesday, using a ship of 332 TEU.


Korea is the fourth largest trade partner of Jiangsu province. It is also the largest import origin and sixth largest export market for the province. Jiangsu recorded a bilateral trade value of US$38 billion with Korea last year, taking up one fourth of the Sino-Korean trade total.


By the end of September, there have been over 4,200 Korean enterprises that invest in Jiangsu with an investment amount of $1.1 billion. From January to September, Nanjing`s bilateral trade with Korea grew 18.5 per cent year on year to $5.1 billion.