South Korea’s flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea...
Rising consumption before and after China’s Labour Day holiday, the Canadian railroad strike and concerns relating to the labour-management conflict at US ports are...
HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...
HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...
South Korea's state-backed ship finance institution Korea Ocean Business Corporation (KOBC) is set to help compatriot liner operators to acquire port and terminal assets.
On...
Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$69.5 million in the K-Container Box Fund Investment Program, along with Korea...
The South Korean government is discussing the offloading of the state's shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and...
South Korean engineering group Seojin Systems and compatriot container technology specialist Ace Engineering will establish a container factory in Vietnam in mid-2022, with support...
Representatives of all 15 South Korean liner operators met with the Korea Ocean Business Corporation's new CEO, Kim Yang-soo, requesting continuing funding to procure...
With the commencement of operations at its new warehouse in Denain, Northern France, Maersk is now providing fulfillment services for a leading global e-commerce...
Liebherr Container Cranes announced its first-ever contract to deliver ship-to-shore (STS) container cranes to the West Coast of the United States.
TraPac Oakland, a container...
Another one of Maersk Line’s US-flagged ships has been targeted by Houthis. The 2004-built 2,500 TEU Maersk Saratoga was escorted by US warships out...