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Seoul wants more North Europe and SE. Asia capacity

n.savvides - December 30, 2020 0

South Korea's Ministry of Oceans and Fisheries announced on 30 December that it has asked local liner operators to deploy more ships to North...

Most Visited - Newsletter

South Korea’s K-Alliance to launch in 2021

n.savvides - December 24, 2020 0

Five South Korean liner operators will codeshare on services to Southeast Asia in Q2 2021, after acceding to a request by the Ministry of...

News

KOBC ups box leasing to HMM as shortages drag into 2021

n.savvides - December 18, 2020 0

State-backed ship financing institution Korea Ocean Business Corporation (KOBC) has agreed to a third round of container leases with the country’s flagship liner operator,...

News

Seoul to finance HMM newbuildings and demands more Pacific capacity

n.savvides - December 11, 2020 0

The South Korean government is intensifying efforts to support the country’s liner shipping industry and shippers amid an unprecedented spike in demand. Speaking on 9...

Services

Cherry aid: carriers collaborate to shift Chilean cherry harvest

n.savvides - November 19, 2020 0

Mediterranean Shipping Company (MSC) has joined HMM, Ocean Network Express (ONE) and Hapag-Lloyd to move Chilean Cherries to the lucrative Chinese market deploying extra...

News

KMTC Line answers Seoul’s capacity call

n.savvides - November 17, 2020 0

Korea Marine Transport Company (KMTC Line) has yielded to government calls for liner operators to provide more shipping capacity. The South Korean feeder operator is...

News

Revenues rise 25% as HMM posts Q3 returns

n.savvides - November 13, 2020 0

A spread of the container shortages in the major east-west trade lanes has spread to the intra-Asia trades, causing rates to rise sharply as...

News

Seoul demands carriers tackle rising freight costs

n.savvides - November 13, 2020 0

Carriers offer shippers extra loaders as the South Korean government pressures carriers to reduce soaring rates and improve services HMM, the country’s largest carrier, had...

Blank Sailings

Major lines unveil December blank sailings

Container News Team - November 11, 2020 0

THE Alliance carriers has annoinunced its December service cancellations that it says will match the fluctuating demand of the global shipping market and respond...

News

Sinokor gets nearly US$180m in loans from policy lenders

n.savvides - November 11, 2020 0

South Korean financial institutions have put up a loan package of nearly KRW200 billion (US$179 million) for Sinokor Merchant Marine, the country’s second largest...

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Tag: HMM

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