Hyundai Merchant Marine (HMM) has joined forces with AAL to provide a wider range of MPV services in Asia and the Middle East.
It was recently announced by HMM of Korea that a new cooperation with Austral Asia Line (AAL) of Singapore for Multi-Purpose Vessel (MPV) service would soon begin. Joints services will start with four of HMM’s MPVs and two new A-Class vessels from AAL. HMM is Korea’s largest operator of MPVs and will put six vessels into service in the Asia – Middle East region, this will be an increase on the current four in service. AAL will deploy one vessel in March with another following in the second half of 2018.
Both HMM and AAL have great expertise and knowledge in the Liner industry and working together to increase the number of available vessels will further develop a wider pool of cargo which will include Bulk, Breakbulk cargoes and Project Cargo, in turn offering a wider scope of services for customers and Engineering, Procurement, and Construction projects.
A spokesperson for ALL commented about the new cooperation, “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.”
Further emphasizing, “Through this cooperation with AAL, we can provide a higher quality of service to our valued customers” and that “we will put our utmost effort to further expand our market share in order to create more profitability.” It also added, “we can now provide a wider solution to our customers through possible expansion of the cooperation with AAL outside Middle East region.”