HMM Sets Record at Busan

South Korean shipper Hyundai Merchant Marine announced a new record for its cargo volume at Busan Port.

The company's TEU level reached 167,018, marking a year-over-year increase of 93%. Transit cargo jumped 133% to 85,717 TEUs.

HMM is now trailing only Maersk in the market share category. Its global shipping alliance with 2M and newly purchased overseas terminal assets have contributed to the bottom line.

According to Piers Data, HMM’s volume in Asia – US West coast increased by 63% for a market share of 7%.

“We will do our best to grow further as Korea’s national carrier and contribute to rebuilding Korea’s maritime business,” HMM said.

Sailing out of Texas might be delayed due to the Tropical storm Harvey 

Dear Customers, please note that some of the cargo might be delayed due to Tropical Storm Harvey.

We will keep you posted, appreciate your patience and understanding.

Thank you

Notice due to Tropical Storm Harvey

The remnants of TS Harvey have reformed into a depression and is expected to strengthen back into a tropical storm by later today.  The NHC has issued a Tropical Storm watch for Galveston. The system is moving northwest and is expected to make landfall near Matagorda Bay mid-late Friday as a tropical storm or category 1 hurricane.  Tropical Storm force winds (>39mph) can be expected to arrive in the area by Friday afternoon.  The major concern with this system will be the rainfall totals. 10"-15" with localized rates of 20" can be expected near and to the east of landfall.

Smart Containers from Norway

According to classification society DNV GL, a group of Norwegian graduates have developed smart containers which are able to sail without any human interaction.

By using SEAtrue (offshore distribution of aquaculture products) and TraceEat (best possible use of resources) technologies, the system transports seafood in autonomous “robot containers” which feature shelf life-extending cooling techniques.

The self-propelled containers either position themselves for pick up by a vessel or sail directly to a port, thereby improving the efficiency of sea transportation. 

DNV GL stated that this approach “can revolutionize production and distribution of aquaculture products.”

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