Eukor extends car shipping contract with Hyundai

Eukor extends car shipping contract with Hyundai

Eukor Car Carriers has agreed with Hyundai Motor Group to carry Hyundai and Kia vehicle exports from Korea for a further four years.

The new period runs from January 2016 through to December 2019, with volumes adjusting from 50% of exports in the first two-year period to 40% in the second two-year period. Further details of the contract are still under negotiation.

Eukor, which is 40% owned by Norway’s Wilh. Wilhelmsen, completed volumes of approximately 4.6m units in 2014 with 1.7m units on behalf of Hyundai and Kia.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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