SM Lines

Accidents

Korean Containership Loses Boxes Battling Bering Sea Storm

The South Korean containership SM Portland has reported significant cargo damage and container losses while transiting to Vancouver through the Bering Sea.

Shipping

SM Line Increases Stake in HMM, Fueling Takeover Speculation

By Martina Li in Taiwan (The Loadstar) – SM Line has expanded its hold on HMM after buying more shares, leaving the market to wonder if the rival South

Accidents

SM Line Containership Could Be Docked at Canadian Cruise Terminal For ‘Weeks’ After Breakdown

A South Korean containership could be docked at the cruise terminal in Victoria, British Columbia for “several weeks” after breaking down off the

Finance

Hyundai Heavy IPO Is Coming In Hot

South Korean shipyards and shipowners will raise billions of dollars via new stock market listings later this year. The yards hope to capitalize on the start

Shipping News

Trade War Rocks Transpacific Trade

By Gavin van Marle (The Loadstar) – The lack of developments on negotiations between China and the US on tariffs is expected to contribute to the first

News

Capacity Increases Could Put Transpacific Container Rates Under More Pressure

By Gavin van Marle (The Loadstar) – As shippers and carriers on the transpacific prepare for the annual contract negotiating season – which kicks

Shipping News

Tradelane Rivalry May Scupper South Korean Shipping Alliance

By Mike Wackett (The Loadstar) Yesterday’s partnership agreement between 14 South Korean shipping lines falls far short of the consolidation needed to bring