HMM To Dispatch Container Ships To Meet Tighter Demand

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According to a Korean Herald report, HMM will dispatch two more container ships to support South Korean exporters to ship out their products amid COVID-19 pandemic.

Exporters struggle

HMM will dispatch two more container ships to support South Korean exporters that are struggling to ship out their products to foreign countries amid the protracting COVID-19 pandemic.

About the 2 vessels

According to the company, the below mentioned vessels will depart from Busan on Oct. 31 for Los Angeles with a schedule to arrive on Nov. 11.

  1. A 5,000-twenty-foot-equivalent-unit container vessel dubbed HMM Prestige and 
  2. the 4,600-TEU BMM Integral.

Containership demand

The company said demand for container ships has become tighter recently as the export volume to the United States is rebounding as the US economy starts to recover.

The company said that it is the third injection of the nonstop container vessels from Busan to LA at the request of Korean exporters.

Container vessel shortage monitored

“The company is carefully monitoring the shortage of container vessels,” said HMM CEO Bae Jae-hoon. 

“We will continue providing support for Korean exporters as a major domestic shipping business.”

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Source: The Korean Herald

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