K Alliance with HMM, Sinokor, SM Line, Pan Ocean and Heung-A Line Established

K Alliance with HMM, Sinokor, SM Line, Pan Ocean and Heung-A Line Established

On September 1, the K Alliance was formed by five South Korean liner companies to start co-cabin cooperation on intra-Asia routes. The members of the K Alliance also stated that they plan to transship cargo from Asia to the United States and Europe.It is reported that the members of the K Alliance include HMM, Sinokor, SM Line, Pan Ocean and Heung-A Line.

At present, the shipping capacity of Korean liner companies in the regional route market in Asia is about 200,000 TEU, and it is expected to increase to 250,000 TEU by 2025.

In December 2020, in accordance with the requirements of the Ministry of Ocean Affairs and Fisheries (MOF) of South Korea, the above five South Korean liner companies signed a sharing agreement to form the K Alliance.

The establishment of the alliance is mainly due to the large-scale expansion of the capacity of liner companies in other countries, which makes the market share of South Korean liner companies face challenges.

As Southeast Asia is becoming a new global manufacturing base, especially in countries such as Vietnam, there is a huge potential transportation demand. According to the agreement at the time, the K Alliance plans to jointly provide route services in Southeast Asia from the second quarter of 2021.

In December 2020, five South Korean liner companies signed an agreement 5688 through video conference
The Ministry of Maritime Affairs and Fisheries of South Korea previously stated that this is the first attempt by the South Korean shipping industry to form an alliance in order to gain scale advantages. It aims to save costs for liner companies by deploying more environmentally-friendly modern ships, and joint use of port facilities and containers.

News source according to Chengdu Pudding Mechatronic Co. CPMC, the department also emphasized that joining the K Alliance is voluntary and not mandatory. At the same time, more Korean liner companies are welcome to join at any time and can negotiate with existing member companies.At present, the shipping capacity of Korean liner companies in the Asian regional route market is about 200,000 TEU, but with the increase in new shipbuilding orders, it is expected that this number will increase to 250,000 TEU by 2025.

Chengdu Pudding Mechatronic Co.CPMC is growing to be China’s Direct online distributor in the field of air compressors, spare parts and woodworking tools industry. CPMC’s main market is overseas countries. The whole team will keep updating informative info for international buyers who imports mechatronic products from China. Should you have any questions about the international trade shipping, the air compressors, genuine parts, woodworking tools, etc, please feel free to shoot one email to CPMC China: sales@aircompressorstrade.com.

97 thoughts on “K Alliance with HMM, Sinokor, SM Line, Pan Ocean and Heung-A Line Established

  1. Moniruzzaman says:

    We need altas copco zr400 air compressor’s inter cooler & after cooler tube bundle. Pls provide me the price including vat,tax, customs cost, delivery charge separately. Thanks in advanced.

    • CPMC Air Compressors Guide says:

      Dear sir or madam, thanks for your comment message inquiry on our website. Can you please send us your nameplate for the compressor ZR400? There might be part numbers differences for different year of the compressors. Thank you and stay in touch soon next week via emails.Air Compressors Trade Service Team!

  2. Mr Finn says:

    Dear Sir!

    Please take a look and help us with your suggestions.

    A5E01237899
    A-Nr: 119977/09

    Looking forward to hearing from you soon.

    Nice day to you.

    • CPMC Air Compressors Guide says:

      Thank you Mohammed for leaving the message, well currently Kaeser compressors parts are still restricted for distribution and we welcome your RFQs on other main compressors brands such as Atlas Copco, Sullair, INGERSOLL RAND (IR, CompAir, Doosan, Gardner Denver, etc). Thank you again.

  3. Knowledge Sourcing says:

    Modern centrifugal compressors are equipped with sophisticated control systems that allow for precise regulation of air pressure and flow. These systems enable adaptive performance based on real-time demand, further improving efficiency and performance.

  4. Ali says:

    Dear :sir/madam

    I hope this email finds you well.
    I am  Eng. Ali yousee   representing  Power Tech for Engineering & construction.
    We are interested in establishing a business partnership with your company to fulfill the requirements
    We would like to get a quote for 4 complete units  of air compressor and dryers with  control systems according to following details:
    – Atlas copco air compressor screw oil injected Model:GA132-7.5 bar,  4 units
    -Atlas copco air compressor screw oil injected Model:GA110-7.5 bar ,4units
    – Atlas copco twin tower heatless adsorption dryer Model:CD480+ / 4 units 
    – Atlas copco twin tower heatless adsorption dryer Model:CD400+ , 4units
    – Atlas copco Equalizer pro.4 (EQ) control system up to 4 compressors
    – others Accessories for installation

    Best regards

    Ali Yousee
    Power Tech for Engineering and construction
    Yemen,sanaa Almatar street
    Tel:+96707873010
    P.o.box:35059
    Phon : +967777605085
    Whatsup:+967737378715
    Email: info@uptech.com.ye/info@hyzpower-s.com.ye

    • CPMC Air Compressors Guide says:

      Thanks Ali for your message on our website, we well received and our team should have quoted to you via email. We welcome your RFQs and orders. Looking forward to supporting your business with our strong supply chain worldwide. Tony, funder of CPMC!

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