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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...

News

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...

News

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...

News

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...

News

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...

News

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...

News

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...

Services

SM Line cuts intra-Asia services to focus on transpacific trade

Container News Team - March 9, 2020 0

SM Line Corporation is shrinking its intra-East Asia services to focus on its transpacific routes now that it’s part of the 2M network with...

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