Minimization of Cargo Crisis

Hyundai Merchant Marine (HMM) decided to deploy replacement ships on Asia-Europe to substitute vessels affected by Hanjin Shipping’s receivership.
Hyundai Merchant Marine (HMM) decided to deploy replacement ships on Asia-Europe to substitute vessels affected by Hanjin Shipping’s receivership.

 

Hyundai Merchant Marine Co. (HMM) confirmed its plan to deploy replacement vessels on the European Line after the Americas on September 29.

The company announced on the 21st that it decided to deploy replacement ships on Asia-Europe to substitute vessels affected by Hanjin Shipping’s receivership.

First, HMM will deploy one 4,000-TEU container ship and it will begin sailing on the 29th, departing from the port of Busan and passing through Chinese ports, including Shanghai, and calling at Spain in the Mediterranean and other major ports in the North Europe, such as the U.K., the Netherlands and Germany.

However, the will company will decide whether or not to deploy additional ships on Asia-Europe services according to the demand for cargo services in the future.

Meanwhile, HMM’s Hyundai Forward left the port of Busan on the 9th to sail a route to the Americas, while Hyundai Platinum began to sail on the 18th. Hyundai Forward arrived at Los Angeles on the 20th (local time). An official from HMM said, “Cargo shippers are encouraging HMM’s proactive measures to minimize the cargo crisis. As the national shipper, we will make an every effort to stabilize the marine shipping services with a heavy responsibility.”

 

 

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