HMM joined its peers in delivering record third-quarter results, with rising demand, increasing rates, and continued supply chain disruption set to keep the profitability spigot gushing.
Kambara-kisen signed the contract with a service provider 'CyberLogitec Co.,Ltd.' (Seoul, Korea) for Japan's AFR*.
31 Dec 2020
The alliance was born from discussions within the Korea Shipping Partnership, a coalition of 14 domestic carriers created in April 2017 following pressure from the South Korean government for carriers to improve their performance.
13 Nov 2020
South Korean regulators held three meetings this week with shipping lines, cargo owners, and exporters to discuss cargo-related issues.
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.
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.