22.9 C
Monday, July 26, 2021
Home Services KMTC Line moves into East African market

KMTC Line moves into East African market

South Korean feeder operator Korea Marine Transport Company (KMTC Line) is diversifying into the East African trades.

From 3 June, KMTC Line will begin purchasing slots on the Mombasa-Far East Express (MFX) service operated by Evergreen Marine Corporation, X-Press Feeders, OOCL and CMA CGM. The South Korean intra-Asia specialist will start loading on the 5,600TEU Ital Unica, which is one of seven vessels assigned to MFX.

The MFX loop is Shanghai, Ningbo-Zhoushan, Shekou, Singapore, Port Klang (Westport), Colombo and Mombasa.

A KMTC official said, "There's growing demand to transport cargoes from China to Mombasa because China has many investments in Africa. We will consider chartering a ship before deciding whether to deploy our own vessel."

Martina Li
Asia Correspondent

Latest Posts

Chittagong port yards face severe box congestions in lockdown

The ongoing lockdown in Bangladesh has started taking a toll on the shipping sector, especially on port yards, creating severe congestion as importers are...

Port of Sines reports 22.5% volume increase in 2021 first half

The Port of Sines has seen significant growth in total container volumes during the first half of the year, demonstrating a remarkable economic recovery...

Top-5 container line to work with GL Terminal in Indonesia

The Indonesian logistics company, GL Terminal has been appointed by one of the world’s largest shipping lines to provide container depot and trucking services...

DP World and Rosatom ink Arctic shipping partnership deal

The UAE-based global port operator DP World and the Russian state corporation that specialises in nuclear energy Rosatom will work together to develop the...

Yard density and container delays force Antwerp terminal to set cargo opening rule

Port of Antwerp's MSC PSA European Terminal (MPET) has decided to implement a Yard Opening Time (YOT) scheme for all containers delivered at Q1718...