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Tag: Pan Ocean

Box lines adjust intra-Far East/Australasia services

CNC Line is set to enhance its role from a slot operator to a vessel provider on CoscoSL's NP1 service at the end of...

Seoul earmarks US$2.5 billion to boost vessel capacity of smaller box lines

As part of plans to grow the locally owned container shipping fleet, the South Korean government will set aside around US$2.5 billion to increase...

HMM sale will be cautiously proceeded in view of taxpayers

South Korea’s Minister of Oceans and Fisheries Kang Do-hyung told journalists at a New Year briefing that he does not believe there will be a...

HMM likely to be sold to Harim-JKL in US$4.9 billion deal

South Korean poultry processor and Pan Ocean owner Harim Group and its consortium member, private equity firm JKL Partners, were chosen as the preferred...

Pan Ocean sells ships to raise war chest for HMM bid

South Korean shipping group Pan Ocean is reportedly selling ships to raise funds to help its parent Harim Group bid for flagship box carrier...

Pan Ocean parent Harim to compete for HMM ownership

Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent...

HMM starts solo intra-Asia route after ending joint operation with KMTC Line

South Korea's flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea...

HMM, SM Line and Pan Ocean launch first K-Alliance service

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service. K-Alliance was launched in 2020, with...

Pan Ocean expands container shipping business with more Bangkokmax orders

Pan Ocean is building up its boxship fleet again, ordering a pair of 1,800 TEU Bangkokmax ships at Hyundai Mipo Dockyard (HMD) this month,...

Daehan Shipbuilding wins maiden container ship order

South Korean mid-sized shipbuilder Daehan Shipbuilding has entered the container ship segment after winning orders for up to four 1,000TEU ships from Pan Ocean. South...
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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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