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...
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...
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...
The Federal Maritime Commission (FMC) has launched an inquiry, asking eight shipping companies to provide information about the congestion and related surcharges they have...
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...
The South Korean government is intensifying efforts to support the country’s liner shipping industry and shippers amid an unprecedented spike in demand.
Speaking on 9...
The ports of Mundra, Chennai, and Mumbai in India, along with Bangladesh's Chittagong, China's Shanghai, Sri Lanka's Hambantota, and Myanmar's Kyaukpyu, form critical nodes...
In the 46th week of the year, Marine Bunker Exchange (MABUX) global indices resumed a moderate downward trend.
The 380 HSFO index dropped by US$7.39...
Marseille-based container carrier CMA CGM has notified its customers of the following Peak Season Surcharge (PSS).
Effective from 7 December 2024 (loading date) until further...