Certified Excellent Shipping Company and Shipper

Main Business

Maritime Finance Global Leader

Home

Shipping policy business operation

Certified Excellent Shipping
Company and Shipper

We, KOBC(Korea Ocean Business Corporation), certify excellent shipping company and shipper and provide a variety of incentives to prevent unfair practices and to induce their mutual cooperation. We has been designated as a certification center by the Ministry of Oceans and Fisheries and operates as CESS(Certified Excellent Shipping Company and Shipper).

Feature and Benefit

Inducing continuous cooperative relationships through strengthening competitiveness of national shipping companies and mutual growth of shipping company and
shipper
Evaluate services and fairness of shipping company & shipper and grant certification and provide various incentives

Main condition

Main condition
Classification	Details
Subject	(Shipper) Import/export company, international forwarding business (Shipping company) Registered for regular outbound cargo transportation business in accordance with Article 24 (2) of the 「Marine Transportation Act」.
How to apply	Submit an application form and required documents to the CESS center in person or by mail
Certification criteria	Certify when 70 points or more as well as minimum 20% or more of each evaluation item
Certification grade	1st grade: evaluated 80 points or more, 2nd grade: evaluated 70 points or more
Main incentive	(Common) Preferential interest rate on policy financing(up to 0.2%p), support for overseas expansion of shipping and forwarding companies, additional points for government program that support for building or converting environmental-friendly ships, etc. (Shipping company) Reduction of Port facility usage fee(30-50% depending on certification level), etc. (Shipper) Deduction of a part of transportation costs from corporate tax (limited to forwarders), etc.

Application process

Applying companiesCertification application→application reception/document reviewCertificate receiving

Korea Ocean Business Corporationapplication reception/document review→Composition of Certification Evaluation Committee (3 people) - Document review and on-site inspection→Review by Certification Evaluation Committee-Review for adequacy of certification evaluation result

Ministry of Oceans and FisheriesApproval for a certified company→Certificate issuance