HMM to expand cooperation with FESCO

HMM to expand cooperation with FESCO

South Korean flagship carrier HMM is expanding its cooperation with Russia’s FESCO.

HMM has been jointly operating a China-Korea-Russia weekly service, under the name of CRN (China Russia North Service) with FESCO and CMA CGM.

With the expansion of cooperation, the current CRN will be reorganised and two new direct services connecting South Korea and Russia, named KR2 (Korea Russia Service 2) and KRS (Korea Russia Service’, will be introduced in the service network of HMM.

HMM will deploy a 1,000 teu vessel on the KR2 which directly connects Busan and Vostochny, while FESCO will place a 1,200 teu ship on the KRS, the direct service between Busan and Vladivostok. Both new services start in the middle of next month.

An HMM official commented, “HMM expects to provide a faster and more reliable service through increased cooperation with FESCO. Based on those three services, HMM will strengthen its market position in Russia.”

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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