HMM to expand China Russia North service with Fesco

South Korean carrier Hyundai Merchant Marine (HMM) announced that it will expand its cooperation with Russia’s Fesco on an existing service between China, Korea and Russia.

HMM has been jointly operating a China-Korea-Russia weekly service named CRN (China Russia North) with Fesco and France’s CMA CGM.

With the expansion of cooperation, the current CRN will be reorganised and two new direct services connecting Korea and Russia, named KR2 (Korea Russia Service 2) and KRS (Korea Russia Service), will be introduced, according to HMM.

HMM will deploy one 1,000-teu container vessel onto KR2 which directly connects Busan and Vostochny, while Fesco will place one 1,200-teu vessel onto KRS with direct service between Busan and Vladivostok. The commencement dates for KR2 and KRS are 11 May and 14 May respectively.

The current CRN will also change its port rotation to Qingdao-Shanghai-Ningbo-Vladivostok-Qingdao from 14 May, removing Busan and Vostochny ports from the network.

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“HMM expects to provide a faster and more reliable service through increased cooperation with Fesco. Based on those three services, HMM will strengthen its market position in Russia,” a HMM official said.

Posted 24 April 2019

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Lee Hong Liang

Asia Correspondent

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