South Korea

South Korea

Data

U.S. containerized imports of auto parts in the fourth quarter rose 1.0 percent year-over-year.
US Auto Parts Imports Inch Up
US Auto Part Imports. Source: PIERS
US Auto Parts Imports Climb More Than 5 Percent
U.S. containerized imports through June 2013. Source: PIERS.
US Containerized Imports Increase for Third Month
U.S. Auto Part Imports. Source: PIERS
US Auto Parts Imports Grow But at Slower Pace
Top U.S. Trading Partners in 2012
Top U.S. Trading Partners in 2012

Press Releases

Chinese lithium-ion battery refinery overcomes logistics barriers and starts global alliance
Korean Register and Busan Port Authority to cooperate on environmental initiatives
Asian Ports
Korean Register and Russian Maritime Register of Shipping to cooperate on shipbuilding
Maritime News
CyberLogitec signed “New Information System development” contract with Heung-A Shipping
Logistics Technology
Kambara-kisen signed the contract with a service provider 'CyberLogitec Co.,Ltd.' (Seoul, Korea) for Japan's AFR*.
Logistics Technology
CyberLogitec OPUS Stowage, Won Overseas Contracts
Logistics Technology
Honda 1 Millionth U.S. Export From California Port
Maritime News

Busan struggles with congestion amid Chinese transshipment diversions

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.
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HMM narrowed losses in 2019, but faces precarious market
HMM narrowed losses in 2019, but faces precarious market
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.
HMM cuts losses, warns of South Korea-Japan tensions
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.
Maersk ocean-rail service adds new wrinkle to Asia-Europe
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.
HMM, Yang Ming narrow losses on higher volume
15 May 2019
Higher volumes for HMM and Yang Ming drove better operating results, but both are still struggling to attain profitability.
HMM’s new CEO drives service changes
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.
New HMM head to ‘consolidate’ 2M relationship
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.
Asian carriers take diverging logistics paths
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.
New HMM CEO targets customer focus for turnaround
New HMM CEO targets customer focus for turnaround
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.”
An HMM ship.
Market share-hunting HMM hints at 2M renewal talks
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.
SM Line.
SM Line CEO: No plan or path to merger with HMM
13 Nov 2018
“There is no will or reason to merge the two companies. SM Line will continue to build its own business models and we will do our part to survive in the market independently,” said SM Line CEO Kim during a meeting at the company’s headquarters in Seoul.