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HMM to kick off a new loop that connects Korea, China and Russia
Monday, November 20, 2017, 18:20:25 Paul Yoon ckyoon7@paran.com
HMM launches a container liner service in partnership with Sinokor, connecting major ports in Korea, China and Russia from the end of next December.

HMM, which is now providing a container liner joint-service of Korea-China-Russia with FESCO in Russia and CMA CGM in France, unveiled on Nov. 16 that it plans to reorganize the Russia-bound service in tie-up with Sinokor by deploying from the end of next Dec. five containerships of 1,000~1,700teu class to call at the major Korean ports including Busan, Ulsan and Gwangyang.

HMM+ K2, a consortium comprised of HMM and Sinokor and formed in last Mar. for the said new service, is set to provide Russia-bound joint service in win-win efforts made between the Korean flag long-haul container shipping player and the Intra-Asia shipping player.

The new service to be reorganized is provided on two sailings a week in division into starting from Central China and starting from South China. One sailing to start from Central China is called CRE (China Russia Express) with the calling ports of Shanghai-Ningbo-Busan-Vostochny-Vladivostok-Shanghai in geographic rotation. CRE is set to start its service, leaving Shanghai on next Dec. 30. The other sailing to start from South China is called KHR (Korea-Haiphong-Russia Express) with the calling ports of Busan-Ulsan-Gwangyang-Hong Kong-Haiphong-Shekou-Xiamen-Busan-Vostochny-Busan. KHR is set to start its service, leaving Busan on Dec. 29.

A HMM official said: “The proposed service is to add the major Korean ports and Haiphong to the incumbent calling ports to provide more upgraded service from the existing one. HMM will sustain its efforts to meet the customers’ diverse needs and upgrade its service.”

Meanwhile, Hyundai added: “HMM has been entrenched in collaboration with Russia-based FESCO over the past 26 years from 1991, as a symbol of the economic tie strengthened between Korea and Russia. HMM plans to continuously expand its cooperation with Russia into other business areas than shipping so that it can comply with the efforts which the two governments of Korea and Russia are making to step up economic cooperation.”
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