News / Hanjin looks to faster transits and niche services to boost its bottom line

22/03/2016

While South Korean shipping group Hyundai Merchant Marine (HMM) fights for its very existence this week, compatriot Hanjin Shipping is looking at ways of improving its profitability – including speeding up its ships and offering niche services.

Several analysts have concluded that a merger between Korea’s ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber

LOGIN

Please either REGISTER or login below to continue. Forgotten your password? Please click here.

Email*
Password*

Reset Your Password

<< Go back

Email*

Comment on this article

You must be logged in to post a comment.

Ed Enos
March 22, 2016 at 8:24 pm
As simple as it may seem, shipowners and fleet managers seem to be oblivious to this. Matson, a US flag carrier, has been providing the “shorter” transit time out of Ningbo/Shanghai on the China to west coast run for years. Doing so successfully In spite of the lower freight rates on bigger foreign flag ships. The customers are far happier by faster delivery and shorter voyages spent at sea.

Amazing it took this long for others to figure this out.

Log in to Reply