Maersk Line and HMM’s strategic cooperation officially launched

By Curious

On Wednesday 15th March 2017 Mr. Soren Skou, CEO of Maersk Group, Mr. C.K. Yoo, CEO of Hyundai Merchant Marine (HMM) and Mr. Diego Aponte, President and CEO of Mediterranean Shipping Company signed an agreement officially launching the strategic cooperation between Maersk Line, MSC and HMM on East-West trades. This strategic cooperation between 2M and HMM will include a series of slot exchanges and slot purchases on East-West routes.

‘We are very proud of our strategic cooperation with Hyundai Merchant Marine, Korea’s leading container shipping company’ said Mr. Robbert van Trooijen, Maersk Line’s Asia-Pacific Chief Executive. ‘We believe this strategic cooperation to be a win-win for all parties. Maersk Line’s customers will have greater options on Trans-Pacific trades and HMM’s customers will be able to leverage Maersk Line’s strong Asia-Europe products.’

The length of the cooperation is three years with an option to extend and covers key East-West trades.

Maersk Line and HMM’s strategic cooperation officially launched

Maersk Triple-E container ship - Image courtesy of Maersk

‘Maersk Line has a long history in Korea spanning 87 years. Since 1930, when the first Maersk Line vessel called Korea, Maersk Line has supported the global ambitions of Korean brands. Our partnership with Hyundai Merchant Marine is another link between Maersk Line and Korea’ said Mr. Robbert van Trooijen.

About Maersk Line
Maersk Line is the world’s largest container shipping company, known for reliable, flexible and eco-efficient services. The Company provides ocean transportation in all parts of the world. Maersk Line serves its customers through 317 offices in 112 countries. The Company employs 7,700 seafarers and 21,800 land-based employees and operate 611 container vessels. The Company market its services through the Maersk Line, Safmarine, SeaLand (Intra-Americas), MCC Transport (Intra-Asia) and Seago Line (Intra-Europe) brands. Maersk Line is part of the Maersk Group, headquartered in Copenhagen, Denmark. The Group employs over 88,000 people in some 130 countries. 2016 revenue: USD 35.5 billion.

About Maersk in Korea
Maersk Line’s presence in Korea dates back to 5 May 1930 when the Nicoline Maersk became the first Maersk Line vessel to call Korea. For 87 years Maersk Line has been proud to support the global ambitions of Korea’s flagship companies. Today, Maersk Line vessels call Korea 30 times per week and connect Korea to the world.
Maersk Line also has a strong connection to Korean shipyards. In 1981 Maersk ordered our first Korean-built vessels. Since 1987 Maersk has had a steady and almost yearly contract with various Korean shipyards. Since 2000 alone, Maersk Line has ordered 202 Korean built vessels, valued at approximately USD 23 billion.

Source: Maersk Line