HMM to acquire stake in Hanjin’s Long Beach terminal
South Korean ocean liner Hyundai Merchant Marine Co. (HMM) plans to buy a 20% share in troubled compatriot carrier Hanjin Shipping’s subsidiary Total Terminals…
SM Shipping’s March launch of Asia-US service hits a snag
South Korea’s SM Shipping, the newest container carrier which was created by Samra Midas (SM) Group following its purchase of the Asia-North America route…
Hanjin withdrawal not enough to generate profit on Asia-ME/SA trade
Bankrupt Korean line Hanjin’s exit from the overcrowded Asia to the Middle East and South Asia (ME/SA) trade will reduce competition and lift utilization…
Hanjin out of CKYHE alliance, has 45 vessels rejected at ports
Beleaguered Hanjin Shipping Co., South Korea’s leading container shipper currently under receivership, said September 2 that 45 of its ships, including 41 container carriers,…