News / South Korean SM Line to launch new services 'from the ashes of Hanjin'

© Mihail Ivanov

South Korean conglomerate Samra Midas Group (SMG) has applied to the US Federal Maritime Commission (FMC) to start a new transpacific container service.

Branded SM Line, it would begin operating in April, deploying a fleet of five 6,500 teu vessels.

Addressing a meeting of the National Retail Federation (NRF) in New York on Monday, commissioner William Doyle said executives from SMG had visited the FMC to discuss its application.

Mr Doyle told delegates SM Line was proposing to operate a liner service between Shanghai and ...