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Tag: SM LINE

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No more with 2M on Transpacific: SM Line downplays impact

Container News Team - February 24, 2022 0

SM Line has downplayed the impact of the non-renewal of its Transpacific slot-sharing agreement with the 2M alliance, saying that going solo will give...

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2M Alliance ceases slot swapping agreement with SM Line on the Transpacific trade

Container News Team - February 14, 2022 0

MSC has announced that the slot swapping agreement between SM LINE and the 2M alliance partners on Asia to US West Coast services will...

News

SM Line refutes talk of HMM takeover

Container News Team - January 7, 2022 0

SM Merchant Marine, also known as SM Line, has told Container News that it does not harbour any ambitions of acquiring its fellow South...

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SM Line vessel suffers mechanical failure in Pacific Ocean

Container News Team - January 4, 2022 0

An SM Line Corporation’s container ship had to be towed to Ogden Point, Canada, after suffering what appeared to be a mechanical failure in...

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SM Line takes minority stake in HMM; minister says still early to assert market recovery

Container News Team - December 30, 2021 0

South Korean liner operator SM Line Corporation has become a minority shareholder in its larger compatriot rival HMM, with a 0.49% stake. SM Line, which...

News

SM Line adjourns IPO due to bearish stock market

Container News Team - November 3, 2021 0

SM Merchant Marine, also known as SM Line, has delayed its initial public offering (IPO) after weak demand from institutional investors. Announced today, the decision...

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SM Line shoots down rumours of acquiring HMM

Container News Team - October 5, 2021 0

South Korean liner operator SM Line has refuted market talk that it could try to acquire the Korea Development Bank's stake in its larger...

News

K-Alliance starts operations

Container News Team - September 3, 2021 0

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...

FMC questions eight box carriers about surcharges

Container News Team - August 5, 2021 0

The Federal Maritime Commission (FMC) has launched an inquiry, asking eight shipping companies to provide information about the congestion and related surcharges they have...

News

South Korea’s logistics industry protest price-fixing penalties

Container News Team - June 25, 2021 0

South Korea’s logistics industry stakeholders have decried the Korea Fair Trade Commission’s (KFTC) recent financial penalties on 12 country’s liner operators, describing it as...

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