HMM sale fails due to differences over management rights

HMM’s sale to the Harim Group-JKL Partners consortium has been called off. Another round of discussions with the South Korean flagship carrier’s major shareholders, Korea Development Bank and Korea Ocean Business ...

Feb 7, 2024• Comments•

South Korea Headlines

News / Chinese ecommerce behind transhipment traffic increase at Incheon Airport

South Korea’s Incheon International Airport Corp (IIAC) expects air cargo to double, to 6m tonnes, ...

China+1 China-US trade dispute Incheon International Airport (IIA) Incheon International Airport Corporation (IIAC) South Korea

Jul 1, 2024• Comments•

News / Seoul steps in again to support extra loader sailings and subsidies for SMEs

The South Korean government has again stepped in to initiate “extra loader” sailings to ensure ...

Busan Port Authority HMM Industry and Energy (MOTIE) Linerlytica South Korea The Ministry of Trade

Jun 19, 2024• Comments•

News / KOBC sells $600m bonds as Seoul kickstarts box ship building programme

Korea Ocean Business Corp (KOBC) has issued $600m of bonds to finance the state’s ambition ...

bonds Korea Ocean Business Corporation (KOBC) South Korea

Apr 29, 2024• Comments•

News / HMM leads as South Korea embarks on state-backed box fleet expansion

HMM said today it would increase its box ship fleet to 130, with a combined ...

Calculating Capacity HMM New ship alliances shape up SM Line South Korea

Apr 15, 2024• Comments•

News / 'Milestone' for Pan Ocean as first autonomous box ship enters service

Pan Ocean is to put South Korea’s first autonomous containership into a service connecting the ...

autonomous ships Pan Ocean South Korea

Mar 22, 2024• Comments•

COMPANY NOTICES

News / South Korea fears growing impact of Chinese e-commerce players

South Korea’s Fair Trade Commission is investigating the rapid growth of Chinese e-commerce giant AliExpress, ...

Alibaba AliExpress e-commerce South Korea Temu

Mar 14, 2024• Comments•

News / Red tape and emissions trading: ETS hits non-EU shipowners hard

Asian shipowners are likely to be hit the hardest by the cost of the EU ...

Asia Asia-Europe China EU ETS EUA India Japan Malaysia OceanScore Singapore South Korea Thailand Zero44

Feb 22, 2024• Comments•

News / China-South Korea ro-ro container traffic sinks to six-year low

Container volumes carried by South Korean ro-pax ships, or car ferries, sank to a six-year ...

China Hyundai Glovis PCTC RoRo Cargo South Korea

Feb 19, 2024• Comments•

News / Sirius Air Cargo gets clearance for take-off from Busan’s Gimhae Airport

South Korean start-up Sirius Air Cargo yesterday received a licence to operate an air cargo ...

Asiana Busan Gimhae Airport Korean Air Sirius Air Cargo South Korea

Jan 30, 2024• Comments•

News / South Korea and Vietnam governments intercede for SME shippers

The governments of South Korea and Vietnam are intervening to insure domestic exporters have sufficient ...

Asia-Europe Calculating Capacity SMEs South Korea Transpacific Vietnam

Jan 22, 2024• Comments•

Most read news

News / Some ro-ro operators carry on sailing, even as Red Sea conflict heats up

Some ro-ro operators are chancing their vessels transiting the Red Sea, just as the crisis ...

Cape of Good Hope HMM Hoegh Autoliners Hyundai KG Mobility Korea International Trade Association Korea Maritime Institute Korea Shipowners' Association NYK Red Sea Crisis Renault South Korea Tesla Wallenius Wilhelmsen

Jan 12, 2024• Comments•

News / North Europe ports face capacity crunch as carriers race for berths

North European container ports are facing a potential capacity crunch in early February, as the ...

Chinese New Year HMM Red Sea Crisis South Korea Suez Canal

Jan 11, 2024• Comments•

News / Finding domestic buyer for Asiana air cargo arm 'won't be easy'

Asiana Airlines directors may have agreed to sell the embattled airline’s air freight business, to ...

Asiana Airlines European Commission Frankfurt Korean Air Lines South Korea

Nov 16, 2023• Comments•

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Topics

Harim Group-JKL Partners HMM Korea Development Bank (KDB) Korea Ocean Business Corporation (KOBC) South Korea China+1 China-US trade dispute Incheon International Airport (IIA) Incheon International Airport Corporation (IIAC) Busan Port Authority Industry and Energy (MOTIE) Linerlytica The Ministry of Trade bonds Calculating Capacity New ship alliances shape up SM Line autonomous ships Pan Ocean Alibaba AliExpress e-commerce Temu Asia Asia-Europe China EU ETS EUA India Japan Malaysia OceanScore Singapore Thailand Zero44 Hyundai Glovis PCTC RoRo Cargo Asiana Busan Gimhae Airport Korean Air Sirius Air Cargo SMEs Transpacific Vietnam Cape of Good Hope Hoegh Autoliners Hyundai KG Mobility Korea International Trade Association Korea Maritime Institute Korea Shipowners' Association NYK Red Sea Crisis Renault Tesla Wallenius Wilhelmsen Chinese New Year Suez Canal Asiana Airlines European Commission Frankfurt Korean Air Lines