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SM Line in last three bids for Hanjin Heavy Industries

n.savvides - December 16, 2020 0

South Korean liner operator SM Line is part of a consortium that is bidding to acquire Hanjin Heavy Industries as the bidding process reaches...

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Seoul to finance HMM newbuildings and demands more Pacific capacity

n.savvides - December 11, 2020 0

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...

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SM Line refuses charter offers to support South Korean shippers

n.savvides - December 7, 2020 0

South Korean liner operator SM Line revealed it had rejected offers from mainline operators to charter one of its owned ships, in favour of...

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Independent Pacific player SM Line sees highest profit since inception

n.savvides - November 25, 2020 0

Being a solo Transpacific carrier did not prevent SM Line Corporation from achieving its best result since its incorporation in 2016. The South Korean liner...

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KMTC Line answers Seoul’s capacity call

n.savvides - November 17, 2020 0

Korea Marine Transport Company (KMTC Line) has yielded to government calls for liner operators to provide more shipping capacity. The South Korean feeder operator is...

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Seoul demands carriers tackle rising freight costs

n.savvides - November 13, 2020 0

Carriers offer shippers extra loaders as the South Korean government pressures carriers to reduce soaring rates and improve services HMM, the country’s largest carrier, had...

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KITA and KSA discuss tough Pacific trading conditions

n.savvides - September 28, 2020 0

Liner operators have told South Korean shippers that it will not be easy to solve Transpacific container capacity issues, in a meeting last week. The...

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Disappointing South Korean liner alliance reformed for another year

n.savvides - August 7, 2020 0

Korea Shipping Partnership, a quasi-alliance of all 14 South Korean liner operators, has extended its term by a year, even as its three years...

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SM Line to offload Gwangyang terminal to CJ Corporation

n.savvides - June 11, 2020 0

South Korean liner operator SM Line Corporation is planning to sell its terminal in Gwangyang port to Gwangyang West Container Terminal (GWCT), a subsidiary...

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HMM axes South Korea-Japan service

n.savvides - March 26, 2020 0

Hyundai Merchant Marine (HMM) will cease its South Korea-Japan service ahead of the South Korean liner operator’s entry into THE Alliance on 1 April. HMM's...

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