Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

AAL, HMM in MPV tie-up for Far East, Middle East trades

cc452071602a2f902a9d0a3743486213
Specialist multipurpose carriers AAL and Hyundai Merchant Marine (HMM), are tying up to expand their trade route coverage, sailings frequency, and multipurpose vessel (MPV) fleet capacity on Far East and Middle-East trades. 

The carriers said in a press release that the cooperation will create a joint Far East–Middle East MPV Liner Service, served by five MPV vessels and a scheduled bi-monthly rotation.  It will also see the expansion of HMM’s services portfolio with global tramp solutions, and semi-liner services provided by AAL.  Both carriers will remain independent and promote these expanded services under their own respective brands.

The new service is expected to provide regular and scheduled sailings for breakbulk, project heavy-lift and general cargo shippers with five highly flexible MPV vessels (four 30,100dwt 640-Class from HMM and one 31,000dwt A-Class from AAL) on a 15 and 30-day sailing rotation.

The service will connect the Asian markets of China, Korea, Japan, Indonesia and Singapore with the Middle East via the Persian Gulf and Red Sea routes. Capacity and port coverage will be jointly coordinated, but each carrier will issue separate schedules to their customers.

AAL chartering & operations director Namir Khanbabi said: “AAL has run successful MPV liner services between Asia and its key trade partners for more than 20 years, and our expertise in collecting and combining multiple cargo types and parcel sizes on regular scheduled sailings provides significant value and efficiencies for our customers in multiple industry sectors. By pooling our resources with HMM, we can each offer more comprehensive service portfolios with improved frequency, capacity, coverage, and economies of scale for our customers.”

Khanbabi added that the partners intend to expand the service to six vessels, with an additional A-Class vessel by 2019. “As more global projects become active in 2018 and multipurpose cargo volumes rise – as has been widely forecasted – we aim to be in pole position to competitively service this demand, whatever the cargo and wherever the destination,” he concluded.

Meanwhile HMM has also been able to expand its portfolio with a range of global bespoke tramp solutions and semi-liner services – connecting the Americas, Europe, Middle East and Asia – operated by AAL.

HMM gm Seung-il Park said: “We’ve established a leading position with Korea’s dynamic energy and infrastructure industries, operating regular multipurpose sailings between Asia and the West.  These same customers can now take advantage of the exciting new services that our cooperation with AAL will bring, without seeing any change to either the team or the process by which they make their current bookings.

“There are no immediate plans for a more expanded cooperation,” Seung said but left open the possibility of expanded collaboration on an as and when basis.