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KOREA CONTAINER LINER JOINED THE NEW SHIPPING ALLIANCE

Published by March 26,2020

Orignal Link Logistics Signed service contract with Korea Shipping line--HYUNDAI Merchant Marine (HMM) on the China to North Amercian trade 

since year 2018.

HMM line offers reliable container shipper service from China Major ports to US west coast and East coast.

HMM  is to take back nine ships that Maersk Line and Mediterranean Shipping Company (MSC) sub-chartered in March 2017

as part of the carrier's slot charter agreement with the 2M members.

while HMM line in this alliance did not enjoy too many shipping space 

At the time, HMM was not in a strong negotiating position wtih 2M alliance , needing to become part of an alliance to receive several tranches of desperately

needed funding from state-owned banks, but it was denied full membership of the 2M and only able to secure a slot charter deal.

Subsequently, HMM has been accepted as a full member of rival THE Alliance, together with Hapag-Lloyd, ONE and Yang Ming, and will officially join the vessel sharing agreement (VSA) on April 1.

 

We belive HMM line wil be more stronger on the trans pacific service from China to North America with joining the THE allicance

 

HMM is taking delivery of twelve 24,000-TEU ships between April and September. They will be fazed into THEA's FE4 loop, replacing Hapag-Lloyd's eleven 15,000-TEU ships.

The consultant said the redelivery of the ships to HMM "would not have a significant impact" on the overall fleet deployment of Maersk and MSC,

with the outgoing tonnage mainly being replaced by ships returning from scrubber installation.

We can see Hmm line shipping space will increase significantly , so we will sign new service contract 

to HMM line to fulfill the space request of our valued customer 

 

Call us now if you have questions on the service from China to North America

 

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