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

Hanjin London
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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 ...

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  • 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.

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Hanjin Shipping Hyundai Merchant Marine Transpacific Trade