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SM Line execs meet with FMC ahead of transpacific launch

SM Line execs meet with FMC ahead of transpacific launch

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William Doyle from the Federal Maritime Commission has revealed South Korea’s newest containerline has been in the US to meet with officials ahead of its transpacific launch. Speaking to shippers in New York, Doyle said that executives from Samra Midas Group (SM Group) visited the FMC last year. SM Group is starting a new ocean carrier company called SM Line. SM Group is a South Korean based manufacturing, construction and services conglomerate described by Doyle as “an expansive business”.

“SM Line is being formed from the ashes of the now bankrupt Hanjin Line,” Doyle said. He said SM intends to operate a transpacific service between the ports of Shanghai and Ningbo in China; Busan, South Korea; and the port of Long Beach California. The company will operate a string of five 6,500 teu container ships. The transpacific service is scheduled to commence in April 2017.

In addition, SM Line intends to operate eight Intra-Asia services between China, Japan, Thailand, Vietnam, India, Pakistan, Indonesia and other countries. SM intends to operate approximately 11 vessels on these regional trades.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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