Independent journal on economy and transport policy
07:14 GMT+1
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To April HMM it will inaugurate the own first independent containerized service on the route Europe Asia-North
The South Korean company confirmation the next orders for the construction of mega portacontainer
February 28, 2018
Next 8 April from Busan the company of South Korean navigation Hyundai Merchant Marine (HMM) will start the own first independent transcontinental service that will connect Asia with the Europe North and that it will be operated independently by the South Korean carrier without to make use of resources of other companies, firstly of those of the alliance 2M, constituted from Maersk Line and Mediterranean Shipping Company (MSC), with which HMM has signed an agreement of cooperation and with which collaborates on the main transcontinental marine routes and in particular on those with Europe, understanding thanks to which the South Korean company has cargo spaces on the ships of the 2M(on 12 December 2016).
The new independent containerized service of HMM will call Asia-North Europe Express (AEX), will have frequency weekly magazine and will be realized with ten Panamax ships of the ability to 4.600 teu. The route will touch the ports of Busan, Shanghai, Ningbo, Kaohsiung, Shenzhen, Singapore, Columbus, Rotterdam, Amburgo, Southampton, Singapore, Hong Kong, Busan. Transit the Time Busan - Rotterdam will be of 30 days.
HMM has explained that the decision to activate the new independent line is consequence also of the remarkable increment recorded last year from the enlivened volumes of containerized trade from the company that have been pairs to 4,03 million teu, with a advanced increase to +30% that is generated mainly to the rise of the traffics on the routes that connect Asia with the USA and Europe.
Moreover HMM has confirmed that within the first semester of this year it will emit orders for the new construction mega portacontainer, unit green that the company will introduce in the services with the United States and Europe and that they will be online with the normative new on the atmosphere that will take effect on January 1°, 2020, given of application of the norms IMO that establish the maximum limit of 0.50% in mass of the sulfur tenor in marine fuel(on 28 October 2016). "The norms on the atmosphere of 2020 - it has emphasized the managing director of Hyundai Merchant Marine, C.K. Yoo - they will represent an important factor of change of the market in the field of the shipping and new independent service AEX will be the milestone of revolutionary carrying out".
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