K-Alliance

HMM, SM Line and Pan Ocean launch first K-Alliance service

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service.

K-Alliance was launched in 2020, with HMM, SM Line, Pan Ocean, Sinokor Merchant Marine and Heung-A Line as members. The alliance was the brainchild of the government, which sought to cut duplication and excess competition in South Korea-Southeast Asia routes. However, it took some time to plan the routes and the collaboration.

Branded as “CVT”, the service will turn in...

https://container-news.com/hmm-sm-line-and-pan-ocean-launch-first-k-alliance-service/

K-Alliance starts operations 

Five South Korean liner operators began their code-sharing arrangement on intra-Asia routes on 1 September.

HMM, SM Line Corporation, Pan Ocean, Sinokor Merchant Marine and Heung-A Line have started joint intra-Asia services under the K-Alliance that was engineered by the Ministry of Oceans and Fisheries (MOF) and state-backed ship finance provider Korea Ocean Business Corporation last year.

There are 13 South Korean liner operators active in the intra-Asia segment and the MOF was concerned about...

https://container-news.com/k-alliance-starts-operations/

South Korean container lines set to launch K-Alliance on Asia trades

The post-Hanjin evolution of South Korea’s shipping industry took another step forward last month with the formation of the K-Alliance.
Comprising HMM, SM Line, Pan Ocean and recently merged Sinokor Merchant Marine and Heung-A Line, the alliance will strengthen the carriers’ competitiveness in South-east Asia, according to Korea’s ministry of oceans and fisheries (MOF).
It said the alliance represented about 40% of Korea’s annual container volumes of 480,000 teu with the region, …

The post South...

https://theloadstar.com/south-korean-container-lines-set-to-launch-k-alliance-on-asia-trades/