Hyundai Glovis Refuses to Use US-Registered Vessels

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>

<< Feb 2019 >>
MTWTFSS
28 29 30 31 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 1 2 3

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year…

read more >

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >