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Thursday, February 6, 2025
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Tag: Pan Ocean

Box lines adjust intra-Far East/Australasia services

CNC Line is set to enhance its role from a slot operator to a vessel provider on CoscoSL's NP1 service at the end of...

Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...

HMM sale will be cautiously proceeded in view of taxpayers

South Korea’s Minister of Oceans and Fisheries Kang Do-hyung told journalists at a New Year briefing that he does not believe there will be a...

HMM likely to be sold to Harim-JKL in US$4.9 billion deal

South Korean poultry processor and Pan Ocean owner Harim Group and its consortium member, private equity firm JKL Partners, were chosen as the preferred...

Pan Ocean sells ships to raise war chest for HMM bid

South Korean shipping group Pan Ocean is reportedly selling ships to raise funds to help its parent Harim Group bid for flagship box carrier...

Pan Ocean parent Harim to compete for HMM ownership

Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent...

HMM starts solo intra-Asia route after ending joint operation with KMTC Line

South Korea's flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea...

HMM, SM Line and Pan Ocean launch first K-Alliance service

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service. K-Alliance was launched in 2020, with...

Pan Ocean expands container shipping business with more Bangkokmax orders

Pan Ocean is building up its boxship fleet again, ordering a pair of 1,800 TEU Bangkokmax ships at Hyundai Mipo Dockyard (HMD) this month,...

Daehan Shipbuilding wins maiden container ship order

South Korean mid-sized shipbuilder Daehan Shipbuilding has entered the container ship segment after winning orders for up to four 1,000TEU ships from Pan Ocean. South...
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Recent Iranian military moves could reactivate Houthis?

The Houthis in Yemen have temporarily ceased their actions against commercial shipping, with no incidents recorded in 2025 so far. The pause in hostilities...

Transits through Panama Canal down 10%: BIMCO

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analysis Manager, Filipe Gouveia, examines Panama Canal transits which have declined in recent...

CMA CGM purchases new second-hand boxships

French shipping company CMA CGM was particularly active in sales and purchases in late January, buying four 1,900 TEU ice-class ships from Belgian owner...

Klaipėda Port kicks off infrastructure development for offshore wind energy

The Klaipėda Port Authority has commenced the construction of infrastructure to support offshore wind energy projects, signing a contract for the building of quays...
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