Hyundai Merchant Marine Joins 'THE Alliance', Launching 3 New Asia-Middle East Services in April

[Asia Economy Reporter Yu Je-hoon] THE Alliance has decided to operate new services on three Asia-Middle East routes this year. THE Alliance is one of the world's three major shipping alliances, with Hyundai Merchant Marine joining as a full member this year.

According to Hyundai Merchant Marine on the 24th, THE Alliance members Hapag-Lloyd (Germany), ONE (Japan), and Yang Ming Marine Transport Corporation (Taiwan) plan to operate three new services on Asia-Middle East routes starting early April.

The routes to be offered by THE Alliance are ▲AG1 (South China·Central China ~ Jebel Ali·Dammam·Hamad·Sohar) ▲AG2 (Central China·South China ~ Jebel Ali·Hamad·Umm Qasr·Hamad) ▲AG3 (North China·Korea ~ Jebel Ali·Dammam·Jubail·Abu Dhabi).

Through these three new services, THE Alliance plans to increase the frequency of services between the Far East and the Middle East, providing high-level services such as direct calls, expanded service coverage, and improved transit times.

A Hyundai Merchant Marine official stated, "With the full-scale activities starting as a full member of THE Alliance, we plan to restore trust in the global shipping market and actively pursue the global market by improving cost structures and diversifying service routes."