Port of Kaohsiung concludes lease deal with HMM

After failed privatization attempts, HMM reveals bold 2030 goals, eyeing fleet expansion in both container and dry bulk shipping sectors alongside terminal investments.

SIGP facilitates Astrid Mærsk’s milestone green methanol bunkering operation in Shanghai, marking a notable first for China.

There are shortages in car carrying capacity, especially in China, where the export of electric vehicles has soared in the past two years.

“This is the path forward for the global container shipping industry to make a meaningful impact and to enable customers to decarbonize their supply chains.”

The sale of South Korea’s largest liner shipping company to a consortium comprising the Harim Group, which owns Pan Ocean Shipping, and the private equity investor JKL Partners, has been terminated.

The Ocean Alliance with its 40 services across the main east-west network would dominate in all trade lanes apart from the transatlantic.