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HMM proceeds with green sailing service using marine biofuel

Container News Team - 0
HMM conducted a trial use of a sustainable marine biofuel on its 6,400 TEU container ship HMM Tacoma calling in Busan, South Korea. In particular,...
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THE Alliance changes Chennai terminal on IO3 service

Container News Team - 0
Ocean Network Express (ONE) announced a change in the Chennai port on THE Alliance's IO3 service. Hapag-Lloyd, ONE, Yang Ming and HMM, which form THE...
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Container lines consolidate service networks out of South India as trade expands

Container News Team - 0
Container lines are rapidly expanding connections out of South India to keep pace with growing trade volumes. But the concentration of calls at private box...
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HMM suitor Dongwon receives KDB funding to run Busan terminal

Container News Team - 0
South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing...
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Hapag-Lloyd reportedly ruled out of HMM bid

Container News Team - 0
German mainline operator Hapag-Lloyd is said to have failed to make the cut in preliminary bidding for the majority stake in South Korean carrier...
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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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Evergreen temporarily loses ground in TEU rankings; ready to climb higher

Antonis Karamalegkos - 0
Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest...
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Hapag-Lloyd emerges as potential HMM bidder

Container News Team - 0
The emergence of Hapag-Lloyd as a contender for the acquisition of South Korean carrier HMM is not a surprise, given that the company is...
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HMM sees first-half profits sink over 90%

Antonis Karamalegkos - 0
HMM's first-half results are incredibly low compared to last year's levels with the company's profits falling over 90% year-on-year. In the first six months of...
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Kaohsiung to deepen HMM’s terminals to accommodate giant ships

Container News Team - 0
Taiwan International Ports Corporation (TIPC) will spend around US$142 million to excavate the waters around berths 76, 77 and 78 in Kaohsiung port as...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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