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Tag: SM LINE

Samsung Electronics hits SM Line with FMC complaint

The US branch of South Korean electronics giant Samsung Electronics has complained against compatriot liner operator SM Line to the US Federal Maritime Commission,...

SM Line, CJ Logistics to expand Transpacific reefer shipping

South Korean liner operator SM Line and compatriot third-party logistics group CJ Logistics will work together to expand their logistics businesses in North America,...

New CEO for SM Line

South Korean liner operator SM Line has appointed Yoo Jo-hyuk as its new chief executive officer (CEO).Yoo is taking over from Park Kee-hoon, who...

SM Line ups capacity on North American west coast service

Gwangyang, South Korea’s second-busiest container port, is anticipating greater export flows to the North American west coast after SM Line decided to deploy larger...

SM Line CEO: Better to invest excess funds in HMM than to earn measly interest

SM Line CEO, Park Kee-hoon said that investing excess funds from company profits in HMM is generating better returns than leaving the money in...

Busan Port and SM Line part of consortium to operate Iraq’s Al-Faw port

Busan Port Authority, SM Line Gyeong-in Terminal and Daewoo Engineering & Construction (Daewoo E&C) have formed a South Korean consortium to negotiate the operating...

SM Line strengthens hold over HMM with more shares purchased

Samra Midas (SM) group has consolidated its position as HMM’s third-largest shareholder after its subsidiary SM Line bought more HMM shares to grow the...

SM Line ups HMM stake to 5.52%, denies acquisition ambitions

SM group, comprising SM Line and its affiliates, has become HMM’s third largest shareholder after buying a substantial number of shares on 20 June.In...

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...

SM Line’s failed attempt to charter HMM vessels highlights tonnage tightness

SM Line is now seeking ways to procure more ships to operate its Transpacific services, after the South Korean liner operator’s slot-sharing deal with...
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