South Korea

South Korea

02 Sep 2020
Carriers have already delayed services calling at Busan and Japanese ports, including Tokyo, due to the typhoons, while also omitting some calls, including Yokohama.
12 Aug 2020
Carriers that have released interim results have reported a stronger first half, underscoring the effectiveness of aggressive capacity management on the main trades.
03 Jun 2020
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.
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.
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.
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.