The worldwide maritime shipping industry is suffering from a large-scale recession, which has also greatly impacted Korea’s maritime transport industry. In maritime transport, one must be knowledgeable in both economics and finance, and for finance, deep knowledge of maritime transport is necessary. The mid- to long-term rebuilding of the maritime transport industry should be based on the integration of knowledge for maritime transport and finance. The establishment of the Graduate School of Marine Finance and Logistics in the Korea Maritime and Ocean University is a most welcome development for maritime transport in Korea.

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