Receive FREE Newsletter
Advanced Search
+

News / Hankook secures export space for its tyres with Hapag-Lloyd contract

Contract signing Hankook Tire & Hapag Dec 2021
The contract signing ceremony with on the left Hapag-Lloyd’s Asia MD Hans Schaefer and Hankook Tire & Technology CEO Lee Soo-il.
By

South Korea’s largest tyre-maker, Hankook, has signed a three-year shipping contract with German mainline operator Hapag-Lloyd to ensure sufficient shipping capacity, even as other shippers seem ambivalent about being locked into current freight rates.

Neither Hankook nor Hapag-Lloyd disclosed the shipping routes covered, citing business confidentiality.

The ...

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

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Hankook Tire Hapag-Lloyd Shanghai Container Freight Index

    Most read news

    DHL Express facilities in Canada forced to shut down by strike

    New Middle East conflict brings airspace closures, flight chaos and oil price worry

    BYD launches logistics subsidiary – and eyes ports and shipping sectors

    New ocean capacity dump wipes out transpac gains

    Shippers wanting a return to Suez should be careful what they wish for

    China pushes Cosco participation in consortium eyeing Hutchison buy

    Congestion at Chittagong as boxes pile up on docks and ships wait at anchor

    News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama

    Eastern Europe trade takes off as new air services generate excitement

    Shipper's logistics arm widens its focus and invests in airfreight

    Asia-Europe container volumes up 17% in two years

    Demand for Chinese exports 'a catalyst' for rate increases and port congestion

    Charter market still heated, lack of open tonnage keeping rates high

    Blow to cargo exports as Air India reduces long-haul services

    India to detain second MSC ship as probe into MSC Elsa 3 sinking continues

    As DSV leads, enter a sea-air pure-play 'Restructured Kuehne'