Korea Ocean Business Corporation

Website

South Korea

A corporation focused on ocean business operations in Korea and internationally.

CCI Score

24.08

-0.10% May 31

Latest Event

KOBC Financial Support to Shipping SMEs

Korea Ocean Business Corporation, a government-backed organization, announced financial support for ten small and medium-sized shipping companies through sale and lease back projects. This initiative is part of a broader 5‑year reconstruction plan for South Korea's depressed shipping industry and follows a significant government investment into KOBC.

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SABOTEUR

Korea Ocean Business Corporation is currently rated as a Saboteur.

+10 to +24 CCI Score

Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

JUL

24

2018

KOBC Financial Support to Shipping SMEs
20.14

Korea Ocean Business Corporation, a government-backed organization, announced financial support for ten small and medium-sized shipping companies through sale and lease back projects. This initiative is part of a broader 5‑year reconstruction plan for South Korea's depressed shipping industry and follows a significant government investment into KOBC.
+40

Economic and Structural Influence

March 27

KOBC's provision of financial support is a positive move aimed at stabilizing a key economic sector. By assisting struggling shipping SMEs, the corporation helps preserve jobs and contributes to the broader economic reconstruction plan, aligning with progressive state intervention in critical industries.

KOBC to Offer Financial Support to 10 Shipping Firms
JUL

05

2018

Launch of Korea Ocean Business Corporation to Revitalize Shipping Industry
17.03

Korea Ocean Business Corporation was launched on July 5 as a state-funded public institution under President Moon Jae-in's plan to rescue Korea's struggling shipping industry through investments in new vessels, vessel re-chartering, market information provisions, and payment guarantees for shipbuilding orders.
+30

Public and Political Behavior

March 27

The launch of KOBC is embedded in a government strategy led by President Moon Jae-in to stimulate the shipping industry, demonstrating state-guided public political behavior aimed at rescuing a vital national sector. This proactive public intervention reflects a democratic measure to protect economic interests.

Korea Ocean Business Corporation launched to support Korea’s shipping industry
+40

Economic and Structural Influence

March 27

The institution's mandate to provide equity investment in vessel construction and payment guarantees represents a major economic intervention. This structural influence is intended to stabilize and revitalize a critical industry, underpinning collective economic resilience.

Korea Ocean Business Corporation launched to support Korea’s shipping industry
JUL

05

2018

Launch of Korea Ocean Business Corporation Supports Shipping Industry Recovery
35.07

Korea Ocean Business Corporation is set to launch on July 5 to support Korea's ailing shipping industry, fulfilling President Moon Jae-in's pledge to revitalize the sector following the bankruptcy of Hanjin Shipping.
+70

Public and Political Behavior

March 27

The establishment of Korea Ocean Business Corporation is directly tied to President Moon Jae-in's progressive initiative to revitalize Korea's shipping industry. This politically engaged action represents a proactive public policy effort aligned with anti-authoritarian values, supporting recovery in a critical industry during a period of crisis following Hanjin Shipping's bankruptcy.

Korea Ocean Business Corporation to be launched on July 5