HMM and SM Line exchange slots on transpacific routes to boost sales
HMM and its compatriot, SM Line, are collaborating on long-haul lanes for the first time. Both ...
© Andrew Bartlett
115 containers have been lost after South Korean box ship SM Portland sustained major damage while transiting the Bering Sea enroute for Vancouver.
GCaptain reports that the 4,228-teu SM Line vessel was hit by strong winds, resulting in heavy rolling and the “loss, collapse, and damage” of boxes.
This major loss equates to more than half the total number of boxes lost at sea in 2023, 221, recorded by the World Shipping Council as an all-time low, after the industry made what GCaptain described as a “significant improvement” when it came to cargo loss.
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