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Tag: SM LINE

SM Line in last three bids for Hanjin Heavy Industries

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

Seoul to finance HMM newbuildings and demands more Pacific capacity

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...

SM Line refuses charter offers to support South Korean shippers

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

Independent Pacific player SM Line sees highest profit since inception

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...

KMTC Line answers Seoul’s capacity call

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...

Seoul demands carriers tackle rising freight costs

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...

KITA and KSA discuss tough Pacific trading conditions

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...

Disappointing South Korean liner alliance reformed for another year

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...

SM Line to offload Gwangyang terminal to CJ Corporation

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

HMM axes South Korea-Japan service

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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