KMTC Line maintains leading role among South Korean feeder operators

Korea Marine Transport Company (KMTC Line) has retained its crown as the best performing South Korean feeder operator in terms of earnings.

All 12 privately owned South Korean feeder operators have released their 2019 results as required by law for companies with assets exceeding KRW12 billion (US$9.67 million).

In 2019, KMTC Line reported revenue of KRW1.84 trillion (US$1.59 billion), up 13.5% year-on-year, while net profits more than doubled to KRW36.66 billion (US$31.71 million). The company...

https://container-news.com/kmtc-line-maintains-leading-role-among-south-korean-feeder-operators/

South Korean liner trio develop Japan coverage

South Korean intra-Asia carriers Korea Marine Transport Company (KMTC), Namsung Shipping and CK Line have enhanced their South Korea-China-Japan services to capture more cargo volumes from western and southern Japan.

The trio, which already operate one New China-Setouchi (NCS) service, will launch a supplementary NCS2 service. The original NCS service began in June 2019, deploying two 700TEU ships on the Busan-Shanghai-Ningbo-Moji-Iyomishima-Mizushima-Moji-Hakata-Busan-Ulsan loop.

The carriers...

https://container-news.com/south-korean-liner-trio-develop-japan-coverage/