SM Line

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SM Line Corporation
legal form
founding 15th December 2016
Seat Seoul , South Korea
management Chil-bong Kim, CEO
Branch shipping
Website www.smlines.com (English)

SM Line Corporation (SML) is a South Korean container liner shipping company based in Seoul .

history

The shipping company was founded on December 15, 2016 as a subsidiary of the South Korean Samra Midas Group . The reason for setting up a new container liner shipping company was the collapse of the South Korean company Hanjin Shipping , from whose bankruptcy assets the two container terminals in Gwangyang and Incheon and around ten medium-sized container ships were taken over. In March 2017, the shipping company began setting up its first container services in Asia. It is initially intended to set up eight intra-Asian services between China, Japan, Thailand, Vietnam, India, Pakistan, Indonesia and other countries.

In mid-2017, SM Line deployed a fleet of 23 container ships, some of which have been chartered. By the end of the year, 30 ships with a capacity of around 110,000 TEU are to be managed.

Individual evidence

  1. Wolfhart Fabarius: Five 6655 TEU freighters built in 2006 and 2007 are now going to SM Line for twelve million dollars each. ; In: Daily port report , February 24, 2017
  2. Mike Wackett: South Korean SM Line to launch new services 'from the ashes of Hanjin' , In: The Loadstar , January 18, 2017 (English)
  3. SM Group Launches World's Newest Container Line , In: Maritime-Executive , January 11, 2017 (English)