HMM doubles down on Asia-South America EC trade
South Korean container shipping line HMM is doubling down on the growth of the Asia-South ...
South Korean feeder operator CK Line is expanding its services into Indonesia and Malaysia and has ordered two 2,700 teu ships from CSSC Huangpu Wenchong Shipbuilding at $37m each.
South Korean shipyards were excluded from negotiations because their prices were more than 20% higher than Chinese shipbuilders. Also, the domestic yards are busy and could not offer delivery for the requested late-2025/early-2026.
After delivery, the newbuildings will be the largest ships operated by CK Line, which is following compatriot peers HMM, Namsung ...
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