Hyundai Glovis Refuses to Use US-Registered Vessels

Image Courtesy: Hyundai Glovis

South Korean logistics company Hyundai Glovis, a unit of auto giant Hyundai Motor Group, has rejected the proposals offered by the US government to use US-registered vessels, The Korea Herald cited undisclosed company sources.

Namely, US officials paid a visit to the country with an aim to discuss marine policies with South Korea’s Ministry of Oceans and Fisheries (MOF).

The representatives of Hyundai Glovis were present at a meeting held between the officials, where they were asked to use US vessels.

The reasons behind the request was that these vessels often set sail on a return trip empty after unloading their cargo in South Korea.

However, the US officials were once again turned down, as Hyundai Glovis said that using US-registered vessels would mean paying extra costs, according to The Korea Herald.

The company has been offered the same proposal a number of times from last year.

Hyundai Glovis, which currently operates 66 ships to export vehicles globally, has shipped around 200,000 cars to the US last year, a 31 percent share of a total of 640,000 units exported to the nation.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Green Ship Technology North America

Survival of the fittest in maritime: Make smart investments, ensure you are compliant, future proof your fleet…

read more >

FCCA Cruise Conference & Trade Show

The ​FCCA ​Conference ​is ​a four-day ​event ​designed ​to ​foster ​a ​better ​understanding ​of ​the ​inner ​workings ​of ​the ​cruise…

read more >

Bulk Liquid Storage Europe 2017

The event will cover current key challenges and issues faced by the industry and provide in depth discussions and analysis of today`s…

read more >

3RD ANNUAL GENERAL AVERAGE SEMINAR

ATTEND THIS SEMINAR TO:
– Get up to speed on the revisions to the York-Antwerp Rules 2016…

read more >