HMM launches block train services to Europe via China
Hyundai Merchant Marine (HMM) will launch a block train service to Europe via the Trans China Railway (TCR) from South Korea.
South Korea’s flagship carrier said it will collect cargo at ports in South Korea and then ship them to Qingdao and Rizhao in China’s Shandong province, from where it will be sent to Chengdu in the southwestern province of Sichuan. The cargo will then go to Dostyk in Kazakhstan and on to Poland on the Trans Siberian Railway.
HMM said Samsung, LG and Hyundai Glovis and several other Korean conglomerates had expressed interest in the use of the block train for the shipping high value-added products.
The block train route proposed by HMM takes 18 to 23 days to reach Poland from South Korea as opposed to the 35 to 40 days it takes by ship. Costs however are noticeably more.