KOREA's Hyundai Merchant Marine (HMM) it has signed a deal to sell a 50 per cent minus one share stake in an Algeciras container terminal to...
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HMM sells stake in Algeciras container terminal to CMA CGM - US soothes feuding Japan and South Korea to unite on China
A KOREAN court has enabled the selling of assets of a Japanese company to compensate Koreans conscripted during the Japanese 1910-1945 colonial...
- Global shipyards face crisis with receding box ship orders
WITH global demand expected to contract by some 10 per cent this year, due to the impact of the pandemic, blanked sailings are likely to be...
- Sinokor turns to Chinese shipyard for four more box ships
SOUTH Korean owner Sinokor has returned to China State Shipbuilding Corporation's (CSSC) subsidiary Huangpu Wenchong Shipbuilding in Guangzhou to...
- DP World aims to acquire a 60pc stake in South Korean forwarder Unico
DUBAI's global port operator DP World is set to increase its presence in the freight forwarding and logistics sector, agreeing to purchase 60 per...
- Trans China Railway unites lines to feed China-EU block trains
CHINESE railways, that span much of the vast interior of the country, have combined into a national network called the Trans China Railway (TCR)
- North Korean cooking oil fire seen from China destroys train, warehouse
A FIRE at a railway station in the North Korean city of Sinuiju destroyed a freight train carrying hundreds of tons of cooking oil from China and a...
- Senior banker: Japanese shipping must unite - one for all, all for one
THE Japanese people must make a concerted effort and raise their voices to a significant level to again have an impact on world shipping, said a...
- HMM names world's largest box ship 'HMM Hamburg'
SOUTH Korea's HMM has held a naming ceremony for the world's largest container ship, the HMM Hamburg, at Daewoo Shipbuilding & Marine...
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Korean shipbuilders rush to develop eco-friendly ships amid regulations! -
Five South Korean sailors abducted in waters off BeninFive South Korean sailors and a Ghanaian have been kidnapped by unidentified armed groups in waters off Benin in West Africa, the Foreign Ministry...
- Cathay to cut to freight-only passenger flights as air cargo rates retreat
HONG Kong's Cathay Pacific is reported to be preparing to cancel 'many' of its freight-only flights as air cargo rates begin to drop...
- HMM's 23,964-TEUer - world's biggest box ship - completes maiden run
THE 23,964-TEU HMM Algeciras, reckoned to be the world's biggest box ship today has docked at Hamburg completing it Asia-North Europe
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HMM's World's Biggest Box ship Completes Maiden Run!THE 23,964-TEU HMM Algeciras, reckoned to be the world's biggest box ship today has docked at Hamburg completing it Asia-North Europe
- Danaos CEO says firm is 'well insulated' from the charter market crash
SHORT-TERM containership charter rates have plunged by up to 40 per cent since the beginning of the year, as ocean carriers rush to off-hire surplus...
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S Korean liner alliance in dispute with Busan Port Authority over extra costsKOREA Shipping Partnership (KSP), a quasi-alliance of South Korea's liner and feeder operators, is seeking arbitration with regard to Busan Port...
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Qatar Petroleum signs $19 billion shipbuilding agreements with Korean companiesExploration work in the expanded North Field mega project showed confirmed gas reserves there exceed 1,760 trillion cubic feet, Kaabi said in...
- Yang Ming, HMM post quarterly losses and expect more heavy weather
TAIWAN's Yang Ming and Korea's HMM suffered first quarter losses as the coronavirus took its toll on Chinese volumes, reported IHS Media
- Korean Air plans to raise US$817 million to stay afloat as flag carrier
KOREAN Air Lines plans to sell new shares to raise about KWN1 trillion won (US$817 million) after the coronavirus outbreak wiped out 90 per cent of...
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HMM Names World's Largest Container Vessel, HMM AlgecirasHMM held a naming ceremony for a 24,000 TEU-class containership ‘HMM Algeciras’, the world’s largest containership, at the DSME (Daewoo...