Hyundai Glovis plans to double its breakbulk volume
Hyundai Glovis is expanding its cargo business to use its pure car and truck carriers for breakbulk transport to diversify its business portfolio, reports the Korea Herald. The ro/ro carrier aims to double its volume compared to last year.
With the strategic move, Hyundai Glovis wants to provide an alternative to freight owners who are experiencing a shortage of shipping containers and capacity.
The company recently completed the delivery of power plant facilities from a global energy infrastructure company to the ports of Baltimore in the US and Bremerhaven in Germany.
For the orders, Hyundai used roll trailers to load plant facilities into its car carrier. The shipment had a size equivalent to about 370 20-foot-containers (TEUs). Last year, the company transported about 13,500 TEU of breakbulk cargo. The carrier plans to double that number this year.