Monday, June 23, 2025
Home News K-Alliance starts operations 

K-Alliance starts operations 

Five South Korean liner operators began their code-sharing arrangement on intra-Asia routes on 1 September.

HMM, SM Line Corporation, Pan Ocean, Sinokor Merchant Marine and Heung-A Line have started joint intra-Asia services under the K-Alliance that was engineered by the Ministry of Oceans and Fisheries (MOF) and state-backed ship finance provider Korea Ocean Business Corporation last year.

There are 13 South Korean liner operators active in the intra-Asia segment and the MOF was concerned about growing competition from foreign rivals in what is already a saturated market. However, while all the liner operators were invited to be part of K-Alliance, membership is voluntary and none of the other liner operators were obliged to join in.

The K-Alliance members plan to collect cargoes in Asia for transhipping to the US and Europe.

South Korean liner operators have around 200,000TEU of capacity in the intra-Asia segment, but with more newbuilding orders, expect to increase this to 250,000TEU in 2025.

Martina Li
Asia Correspondent





Latest Posts

MSC launches new Singapore–East Africa service

MSC is introducing a new service linking Singapore with East Africa, named the Oryx service. The new route will be operated with six vessels, each...

Maersk and ZIM adjust Far East–ECSA service

Maersk and ZIM have announced revisions to their joint Far East–East Coast South America service. As part of the changes, the northbound call at Singapore...

We Asked AI: Container Ships in Ancient Worlds

Container Ships in Ancient Worlds Imagine a colossal container ship gliding through the Nile as pyramids rise in the distance, or docking at a bustling...

Scenario planning for Mediterranean ports growth amid ongoing tensions

The sustained growth of Mediterranean port traffic, driven by increased Asia-Europe trade and the Red Sea crisis, presents a dynamic landscape for global shipping. Assuming...

Thessaloniki port Revival: Balkan gateway reawakens

 For decades, Thessaloniki was a port with strategic promise but structural limitations, ideally located at the crossroads of Europe and the Balkans, yet constrained...
error: Content is protected !!