South Korea

South Korea

06 Sep 2022
Departures from Shanghai and Ningbo are expected to face a two-day delay after a typhoon hit coastal areas of eastern China over the weekend, while some Busan services were also disrupted.
10 Aug 2022
HMM said it would tackle the coming market uncertainty by focusing on long-term shipper contracts and increasing the volume of reefer and special cargoes.
14 Jul 2022
South Korea’s highly profitable HMM has announced a massive investment plan that will extend the carrier’s reach deeper into the container supply chain.
08 Jul 2022
Forwarders say the intra-Asia market is likely to become more challenging in the third and fourth quarters with no significant increase in demand expected even as space and equipment availability remain tight.
13 Jun 2022
South Korea’s shipowners’ association said penalties imposed by regulators would damage the country’s link to the global supply chain and lead large foreign carriers to avoid South Korean ports.
31 May 2022
ONE’s order of 10 new ships designed to run on alternative fuels is part of the Singapore-based carrier’s $20 billion plan to overhaul its fleet.
11 May 2022
The share of US imports from China compared to all Asia imports plunged roughly 6 percentage points between February and April amid COVID-19 lockdowns in Shenzhen and Shanghai.
20 Apr 2022
Key ports in Asia are closely watching the impact of COVID-19 lockdowns in China and taking steps to ensure their gateways don’t begin to suffer congestion and delays as a result.
23 Feb 2022
Reduced trans-Pacific connectivity has become particularly acute for shippers in South Korea and Japan who have seen carriers omit calls or drop sailings as they seek to maintain or restore schedule reliability on mainline services.
17 Feb 2022
The new terminal for Busan comes as the port has been plagued by congestion for months, leading carriers to suffer schedule delays or skip the port on European, trans-Pacific, and intra-Asia services.
14 Feb 2022
Carrier results season is well underway with HMM following the trend of extreme profitability that is being seen across the container shipping sector.