HMM to Launch Arctic Sea Service

August 16, 2017

 South Korea’s leading container carrier Hyundai Merchant Marine Co (HMM) is considering launching a regular liner service via the Arctic Sea, a move that could cut transits between Asia and Europe considerably, reported Pulse.

 
South Korea’s largest ocean carrier is considering a trial operation from as early as 2020. A number of local logistics companies have ventured into the Arctic routes, but did not last due to lack of ships and crew expertise to navigate against the ice-packed waters. 
 
The report quoted the local shipping industry saying that with a heavy fleet of vessels, human resources and ample commercial infrastructure is the candidate to become Korea’s first flag carrier running regular shipment via the Arctic sea route. 
 
Hyundai is planning to deploy 2,500 to 3,500 TEU (twenty foot equivalent unit) vessels for shipment through the Arctic sea route.
 
Pulse cited an unnamed source commenting that a plan is being discussed to put a polar icebreaker before a commercial container vessel or use an ice-class vessel specially designed for ice navigation. 
 

Logistics News

Petition Against Animal Transport to War Zones Submitted to EU Commission

Petition Against Animal Transport to War Zones Submitted to EU Commission

Spiridon II Hearing Adjourned

Spiridon II Hearing Adjourned

Port of Brownsville Welcomes Local, Industry Leaders at State Address

Port of Brownsville Welcomes Local, Industry Leaders at State Address

US Sanctions Cuban State Oil Company

US Sanctions Cuban State Oil Company

Subscribe for Maritime Logistics Professional E‑News

Brazil launches a subsidised motorcycle credit program for delivery drivers using apps
Bousso: Iran's fragile deal with oil offers relief, but there are still risks associated with the Hormuz pipeline.
There are some flights to the Middle East that have resumed but there is still disruption.