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Tag: KMTC

PIL upgrades to CPS vessel operator

Pacific International Lines (PIL) has increased its role in the China Pakistan Service (CPS) from a slot purchase arrangement to a vessel operating partner...

Emirates Shipping Line starts Russian FE-South Korea service

Dubai-based liner operator Emirates Shipping Line (ESL), is launching a Russian Far East-South Korea service, in another sign of growing cargo volumes along the...

Liner operators revamp South Korea-China-Japan service

South Korean feeder operators, Korea Marine Transport Company (KMTC Line), Namsung, Pan Continental (PanCon Line) and CK Line, will launch a joint South Korea-China-Japan...

Disappointing South Korean liner alliance reformed for another year

Korea Shipping Partnership, a quasi-alliance of all 14 South Korean liner operators, has extended its term by a year, even as its three years...

Joint development of ballast-free boxship launched by Korean partners

Korea Marine Transport Company (KMTC Line) has launched a joint development project (JDP) with compatriot classification society Korean Register of Shipping (KRS) and shipbuilder...

South Korean liner trio develop Japan coverage

South Korean intra-Asia carriers Korea Marine Transport Company (KMTC), Namsung Shipping and CK Line have enhanced their South Korea-China-Japan services to capture more cargo...
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Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...