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Tuesday, March 18, 2025
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Tag: Pan Ocean

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...

K-Alliance starts operations 

Five South Korean liner operators began their code-sharing arrangement on intra-Asia routes on 1 September. HMM, SM Line Corporation, Pan Ocean, Sinokor Merchant Marine and...

Pan Ocean enhances its Korea-South China service

The South Korean shipping company, Pan Ocean has enhanced Korea-South China (KSC) service by deploying an additional 830TEU ship to strengthen the frequency of...

Korean feeders in profit frenzy

All 12 privately owned South Korean feeder operators had a profitable 2020 as the year saw a remarkable recovery in demand for intra-Asia shipping. Korea...
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