South Korean container-line SM Line plans to extend its trans-Pacific services following a rejection of joint plans by Hyundai Merchant Marine. SM Line shipped 189,000 TEUs of U.S. inbound freight in 2017, only partly replacing the 1.07 million TEUs previously handled by Hanjin Shipping. Th... Read more →
The defining feature of September in U.S.-bound shipping was the demise of Hanjin Shipping, the main winner was Hyundai Merchant Marine. HMM increased its volumes on U.S.-bound seaborne routes by 15% vs. August and 5% on a year earlier. Maersk and MSC, who also added new Asian routes, were ... Read more →