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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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