While the contract had some 14 amendments, the judge noted that “MSRF does not claim (and the evidence also does not support) any kind of collusion or undue pressure led it to agree to these”, adding that the shipper had “derived a substantial financial benefit” from the amendments. S...
four-year digital transformation, which includes launching online reservation platform Hi Quote last year. Shippers can use Hi Quote to select a shipping schedule, load/discharge port, cargo type, container quantity, get a quote and make a reservation. ...
First Lady Kim Jung-sook served as godmother and cut the ropes to officially name the ship during the ceremony. HMM Algeciras will be deployed on Far East Europe 4 (FE4) service, one of the Asia-North Europe trade lanes of THE Alliance, with its port rotation starting at Qingdao, Busan,...
Grand Alliance, ZIM & HMM Jointly Announce New SCE2 Service for Trans-Pacific All Water Trade Grand Alliance members Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), along with Partner ZIM Integrated Shipping Services Ltd (ZIM) are pleased to jointly anno...
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HMM will reportedly downsize its container terminal ops in Kaohsiung port, in yet another sign of the Taiwanese port's fading prominence.
In a joint statement, the Federation of Korea Maritime Industries and Busan Port Development Association said a sale to Hapag-Lloyd risked South Korean security. “If we sell HMM to Hapag-Lloyd, we’re concerned about the outflow of invaluable national assets, such as our country’s container...