Hyundai Merchant Marine (HMM) is bringing forward the delivery of its eight 16,000TEU ships in order to accede to the South Korean government’s request to continue providing extra capacity on the Asia-North Europe lane, for South Korean shippers.
Please login or register to read the rest of the...
THE Alliance, including Hapag-Lloyd, ONE, Yang Ming and HMM, will revise its Transatlantic network for 2021, in addition to the network adjustments announced at the end of last year.
Please login or register to read the rest of the story
The post THE Alliance revises its Transatlantic network...
https://container-news.com/the-alliance-revises-its-transatlantic-network/
THE Alliance has announced changes to its AL4 Service (AL4), which covers the Mexico/US Gulf, with a return to a weekly sailing frequency from January.
In particular, THE Alliance will add two container ships, the 2008-built and 5,100TEU Fos Express and Seattle Express, in the service in order to fill the two open TBN (To Be Named) positions shown earlier with the following phase in dates:
At the moment, an overall of seven container vessels have been deployed on the AL4 service. THE Alliance...
https://container-news.com/the-alliance-updates-its-al4-service/
THE Alliance, which consists of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has announced its updated service network for the next year, which aims to provide increased capacity on trade lanes with inflated demand.
The setup of THE Alliance’s network, which will be in effect from the upcoming April, “has been evaluated and reconfigured to ensure better frequency, more competitive transit times and comprehensive port coverage,” said THE Alliance’s carriers in a joint statement.
The...
https://container-news.com/the-alliance-publishes-its-2021-service-network/
Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has received the Hyundai Tacoma container vessel from the recently updated AG3 service of THE Alliance at the Jubail Commercial Port (JCP) in Saudi Arabia. This is the first call of the AG3 service at the Saudi port.
The service offers direct weekly calls at JCP by dedicated vessels that boast a 6,350TEU capacity on a weekly basis as part of THE Alliance network, comprising Hapag-Lloyd, Hyundai Merchant...
https://container-news.com/saudi-port-welcomes-maiden-call-from-the-alliances-ag3/
South Korea is to provide financial assistance of ₩1.25 trillion (around $1 billion) to struggling shipping companies negatively affected by the coronavirus pandemic. The post South Korea to give $1…
THE Alliance, a shipping alliance of Hapag-Lloyd, Hyundai Merchant Marine (HMM), Ocean Network Express (ONE), and Yang Ming, today (24 February) announce updated details of 2020 Service Network, focusing on Asia-Middle East trade-lane.
THE Alliance will introduce three newly organized express loops from early April and these services will provide higher frequency, direct and expanded coverage, and the fastest connection from the respective regions, according to a statement.
Asia and the Middle...
https://container-news.com/the-alliance-updates-2020-middle-east-service-network/
Hyundai Merchant Marine said that the economic fallout resulting from the novel coronavirus outbreak could affect trade volumes, as the South Korean flagship carrier announced a net loss of US$511.83 million (KRW591.67 billion) for 2019.
The loss narrowed from the US$708.4 million (KRW790.56 billion) net loss in 2018.
HMM’s revenue improved by around 6%, to US$4.77 billion (KRW5.51 trillion), as the company began deploying five newly built very large crude carriers that have been committed to...
https://container-news.com/hmm-flags-coronavirus-concerns-after-loss-for-fifth-straight-year/
According to BusinessKorea, Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.
HMM will put into operation a total of 12 24,000-TEU super large vessels, one per week, staring this April, the Busan New Port Terminal said on Jan. 12.
The boxships are under construction at Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering.
La naviera surcoreana de contenedores Hyundai Merchant Marine (HMM) se unirá a THE Alliance como miembro de pleno derecho a partir del 1 de abril de 2020. Es el acuerdo alcanzado el pasado 19 de junio en Tapei con los otros tres miembros de esta alianza marítima: Hapag-Lloyd, Ocean Network Express (ONE) y Yang Ming; en el que se estableció un acuerdo hasta el año 2030.
“HMM encaja perfectamente en THE Alliance, ya que proporcionará una serie de buques nuevos y modernos, lo que nos ayudará a...
http://elvigia.com/hmm-se-une-a-hapag-lloyd-one-y-yang-ming-en-the-alliance/