AsiaContainers

Korean boxlines urged to form new alliance

Pulse, a business news site in South Korea, is reporting that Seoul is now looking at getting the nation’s smaller box carriers to form an alliance in the wake of the collapse of Hanjin Shipping.

While Hyundai Merchant Marine (HMM) is being positioned by government to become South Korea’s flagship shipping line, a host of others are being cajoled to form Team Korea, a new alliance, focused primarily on intra-Asia routes.

The government is speaking with Korea Marine Transport Co, Sinokor Merchant Marine and Heung-A Shipping about this new alliance, a move that has been commended by both the Korea Shipowners’ Association (KSA) and the Korea Maritime Institute (KMI).

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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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