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HMM and SM Line cooperate on Transpacific lane amid alliance shuffle

Container News Team - 0
South Korean liner operators HMM and SM Line are working together on long-haul routes for the first time. On 13 May, SM Line said that...
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Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

Container News Team - 0
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...
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SM Group reverses HMM takeover dream

Container News Team - 0
Samra Midas Group, parent of HMM’s compatriot peer SM Line, has U-turned on its plan to acquire the state’s interest in South Korea’s flagship...
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CJ Logistics signs up ONE as strategic partner

Container News Team - 0
CJ Logistics, South Korea’s largest third-party logistics provider, signed a collaboration agreement with Ocean Network Express (ONE) on 3 August, a month after sealing...
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Will HMM merge with SM Line?

Container News Team - 0
South Korea’s two ocean-going carriers could merge as the Samra Midas group wants to bid to acquire HMM. SM group, the parent of SM Line,...
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Samsung Electronics hits SM Line with FMC complaint

Container News Team - 0
The US branch of South Korean electronics giant Samsung Electronics has complained against compatriot liner operator SM Line to the US Federal Maritime Commission,...
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SM Line, CJ Logistics to expand Transpacific reefer shipping

Container News Team - 0
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,...
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New CEO for SM Line

Container News Team - 0
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...
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SM Line ups capacity on North American west coast service

Container News Team - 0
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...
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SM Line CEO: Better to invest excess funds in HMM than to earn measly interest

Container News Team - 0
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...
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Ashdod Port approves strategic investments in digital startups

Port News Alexandros Itimoudis - 0
The Board of Directors at Ashdod Port has given the green light to a US$2 million investment in three startups through its Corporate Venture...
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Maersk books up to dozen 16,000 TEU ships at Chinese shipyard

News Container News Team - 0
Maersk Line has reportedly ordered up to a dozen LNG dual-fuelled 16,000 TEU container ships at New Times Shipbuilding in China, adding to growing...
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Higher box volumes for Southampton’s Solent Rail Terminal

Port News Container News Team - 0
The Solent Rail Terminal has recorded more than 55,000 containers handled since opening following the multi-million-pound upgrade that was completed six months ago at...
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WISTA International reelects Greek President for another two years

News Antonis Karamalegkos - 0
The Women's International Shipping & Trading Association (WISTA) International has reelected Elpi Petraki as the organization's president for another two years. Petraki's tenure as WISTA...
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