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THE Alliance updates its Asia-Med network

THE Alliance, a shipping alliance between Hapag Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has announced several changes in its Asia-Mediterranean network. Hapag-Lloyd...

Korea Development Bank doubles its stake in HMM

Korea Development Bank (KDB), which is already the largest shareholder of HMM, will double its stake in South Korea's flagship liner operator by changing...

HMM confirms a dozen 13,000TEU vessels order

HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries (HHI) for twelve 13,000TEU container ships. The total cost...

South Korea’s logistics industry protest price-fixing penalties

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...

HMM to agree with South Korea’s Big Three yards for a dozen new Panamax vessels

South Korean liner operator, HMM will split orders for twelve 13,000TEU new container vessels among the country’s three largest shipbuilders, according to reports. HMM has...

THE Alliance withdraws Rotterdam call from F4 service

THE Alliance has decided to terminate calling Rotterdam on the Eastbound rotation of its Far East Loop 4 (FE4) for a period of seven...

HMM moves post-panamax vessel to USWC “extra loader” service

HMM has diverted a post-Panamax container ship from its East Asia-India service to fulfill an "extra loader" Transpacific service. The 7,000TEU HMM Jakarta departed Busan...

Cyber attack hits HMM

HMM has suffered a cyber attack, which has hit the company's email outlook system in several areas. "The unidentified security breach was detected, which led...

Nansha emerges as substitute amid Yantian crisis

The Nansha International Container Terminal seems to become a viable alternative to the Yantian Port, which is struggling with the Covid-19 outbreak in Guangdong...

HMM continues urgent medical equipment transportation to India

HMM has transported 23TEU containers carrying medical oxygen supplies since it started delivering Covid-related medical devices to India on 12 May. The medical oxygen supplies...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

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...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

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...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

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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