Hapag-Lloyd: a 'pretty good first quarter' – but trend for 2025 'pretty uncertain'
As it presented its first-quarter financial results today, Hapag-Lloyd cautioned that any cargo surge following ...
South Kore’s flagship liner operator, HMM, has suspended services to the Russian Far East as the invasion of Ukraine continues.
An HMM spokesperson told The Loadstar its Busan-Vostochny and Busan-Vladivostok services would cease until further notice, blaming “a sharp drop in volumes following the Russia-Ukraine crisis”.
HMM deployed a 1,700 teu vessel on the Busan-Vostochny route and had a slot swap agreement with Fesco on Busan-Vladivostok.
It said its decision was unrelated to the sanctions imposed by the US and EU on Russia ...
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