HMM has announced that it is beginning its cooperation with Singapore-based carrier, Austral Asia Line (AAL), for Multi-Purpose Vessel (MPV) service. As per this cooperation, HMM & AAL will start joint service for 4 MPVs in HMM’s operation, as well as newly added 2 AAL A-Class vessels.
Multi-Purpose Vessel (MPV) service
HMM, one of Korea’s major operators of MPVs, will be deploying six vessels in the Asia - Middle East region
HMM, one of Korea’s major operators of MPVs, will be deploying six vessels in the Asia - Middle East region, instead of four that is deployed at the moment. One of the AAL’s vessels will be deployed in March 2018 and the other in the second half of the year.
With HMM & AAL’s respective liner expertise and industry knowledge, together with the increased number of deployed vessels, the service shall develop further, to encompass a wider pool of cargo (including Project, Bulk and Breakbulk cargoes), providing service for a wider range of customers and for EPC’s (Engineering, Procurement, and Construction) project cargoes.
HMM - Austral Asia Line (AAL) partnership
Austral Asia Line’s spokesperson explained, “AAL and HMM share valuable expertise serving this trade and solid reputations for trust and quality. By pooling our resources, we can each offer more comprehensive service portfolios, with improved frequency, capacity, coverage and economies of scale for our customers. There will be no collaboration on pricing and we will each pursue bookings, under our own respective brands, with separate commercial teams and bills of lading.”
A HMM executive stated, “Through this cooperation with AAL, we can provide a higher quality of service to our valued customers and we will put our utmost effort to further expand our market share, in order to create more profitability. Additionally, we can now provide a wider solution to our customers, through possible expansion of the cooperation with AAL, outside the Middle East region.”
