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Materials Joint Purchasing

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Material Joint Purchasing Business

Business Backgrounds

  • Article 6 (Business) Paragraph 1 No. 2 of the Korea Shipping Association Act
    • Investigation on the price and purchasable quantity of materials available for the association member's business, arrangement of joint purchasing and allocation of jointly purchased materials
 

Eligibility

  • Ships owned and managed(charted ship) by members
  • Ships owned, managed(consigned) and operated by government or public institutions and similar organizations
 

Payment Terms and Conditions

  • Cash supply: Cash payment on the date of order
  • Credit supply: Interest rate applied by the period of the credit supply
 
Oil · Paint · Rope
Oil · Paint · Rope
Credit period Applied interest rate
Within 50 days Interest
51 days to 210 days 6% per year
Over 211 days 10% per year

※ Interest is applied to the total amount of credit payment (price, fee, service fee (shipping charges))

 

Credit supply terms and conditions

  • In the event of credit supply, collateral shall be required in accordance with the regulations of the association.
  • Collateral by credit supply limit amount of credit
 
Collateral by credit supply limit amount : Credit supply limit amount, Collateral, Remarks
Credit supply limit amount Collateral Remarks
Less than KRW 40 million ·Credit Supply ·Provision of Bank Promissory Note
(including electronic bill and checks)
Over KRW 40 million ·Real estate
·Guarantee Insurance Policy
·Bank Payment Guarantee
·Other collaterals accepted by the association		  

※ Same collateral can be used in the event of credit supply of oil, paint and rope (within the amount of credit limit amount)

 

Contacts by branch

Contacts by branch : Classification,Contact,Address
Offices Contact Address
Headquater Business Support Team 02)6096-2155 379, Gonghang-daero, Gangseo-gu, Seoul, Republic of Korea
Busan Business Support Team 051)660-0254 Address: HBC Hyocheon Building 3F, 20 Gwangbok-ro 97beon-gil, Jung-gu, Busan, Republic of Korea
Incheon Business Support Team 032)880-7555 # 808 New building, Jeongseok Building, 366, Seohae-daero, Jung-gu, Incheon, Republic of Korea
Mokpo Business Support Team 061)240-6011 182, Haean-ro, Mokpo-si, Jeollanam-do, Republic of Korea
Yeosu Business Support Team 061)640-4010 17, Yeogaekseon terminal-gil, Yeosu-si, Jeollanam-do, Republic of Korea
Jeju Business Support Team 064)720-8505 111 Imhang-ro, Jeju-si, Jeju-do, Republic of Korea
Seohae Business Support Team 063)472-2705 378-8 Imhae-ro Gunsan-si Jeollabuk-do, Republic of Korea
Wando Business Support Team 061)550-6012 335, Jangbogo-daero, Wando-eup, Wando-gun, Jeollanam-do, Republic of Korea
Gyeongnam Business Support Team 055)645-2457 234, Tongyeonghaean-ro, Tongyeong-si, Gyeongsangnam-do, Republic of Korea
Ulsan Business Support Team 052)261-8516 187-1, Jangsaengpogorae-ro, Nam-gu, Ulsan-si, Republic of Korea
Pohang Business Support Team 054)245-1812 44, Haean-ro, Buk-gu, Pohang-si, Gyeongsangbuk-do, Republic of Korea