US exporters of scrap metals, paper, and plastics saw increased demand in 2019, but volumes have come crashing down in early 2020 due to supply and demand destruction caused by the COVID-19 crisis.
Thursday July 9, 2020
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South Korea
South Korea
Press Releases
04 Mar 2020
Ocean Network Express said a raft of trans-Pacific and regional services are being hit by port congestion in Busan as officials report surging transshipment volumes amid diversions related to the coronavirus disease 2019 (COVID-19) outbreak in China.
13 Feb 2020
South Korea-based container carrier HMM managed to cut its operating losses and increase revenue in 2019, but the start of the new year has come with mounting challenges.
14 Aug 2019
It has been several years since Seoul-based container carrier HMM has managed to report a quarterly profit, and the second quarter of 2019 was no different.
07 Aug 2019
Maersk’s new ocean-rail service from Asia to Northern Europe is offering competitive transit times against more established all-rail routes.
15 May 2019
Higher volumes for HMM and Yang Ming drove better operating results, but both are still struggling to attain profitability.
26 Apr 2019
The new boss of Hyundai Merchant Marine has been adjusting the carrier’s services as he tries to return the loss-making line to profitability.
23 Apr 2019
HMM’s new CEO is on a European tour that will focus on three key challenges: the future of its 2M Alliance relationship, winning customer trust, and gaining insight into the low-sulfur fuel mandate.
29 Mar 2019
Container lines with the financial muscle — or state backing — are forging ahead with strategies aimed at controlling a greater portion of the container supply chain.
27 Mar 2019
The South Korean container carrier says its new CEO will “focus on a customer’s view on handling HMM’s current issues in order to lead managerial innovation and strengthen its sales competitiveness.”
06 Dec 2018
HMM is trying to reverse a loss trend that most recently saw it post a $147 million net loss in the third quarter, which it blamed on high fuel prices.
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Jul 16, 2020 2:00PM EDT
