Maersk Line and Hyundai Merchant Marine sign an agreement

On Wednesday 15th March 2017 Mr. Soren Skou, CEO of Maersk Group and Mr. C.K. Yoo, CEO of Hyundai Merchant Marine 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, Maersk said in its press release.
 
The length of the cooperation is three years with an option to extend and covers key East-West trades.
 
About Maersk Line
Maersk Line is the world’s largest container shipping company. Maersk Line provides ocean transportation in all parts of the world. Maersk Line serves its customers through 317 offices in 112 countries. Maersk Line markets 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.