South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea Marine Transport Company (KMTC Line).
Primarily an ocean-going shipping company, HMM has announced that it will open an intra-Asia cross network (ICN) service, an independent pendulum (clockwise) route within Asia.
Six 1,700 TEU ships operating on the three existing routes will be converted to the new route to connect Korea, China,...