By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has posted its first annual profit for five years, despite a decrease in its liftings.  Revenue last year surged by 16.3%,...

HMM’s twelve new 24,000 TEU megaships carried a full load of containers during their maiden voyages from China to Europe, the South Korean shipping company said this week. According to...

The world’s largest containership has departed China carrying a record 19,621 TEUs.  South Korean shipping line HMM said its new HMM Algeciras departed the Port of Yantian on May 8...

HMM has launched its first of twelve 24,000 TEU containerships HMM Algeciras, the world’s largest containership.  The ship was officially named during a private ceremony at the Daewoo Shipbuilding and...

By Stephanie Kelly NEW YORK, April 20 (Reuters) – U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day...

Hyundai Merchant Marine will fit its 23,000 TEU megaships with exhaust gas cleaning systems to meet the International Maritime Organization’s low sulphur fuel regulations. South Korea’s number one shipping line...

South Korea’s biggest shipping line Hyundai Merchant Marine has opted to split its twenty-vessel megaship order among South Korea’s top three shipbuilders as it seeks to accelerate its strategy of...

By Mike Wackett (The Loadstar) – South Korea’s largest surviving ocean carrier, Hyundai Merchant Marine (HMM) has now officially confirmed its plans to order 350,000 teu of new capacity, including 12...

South Korea’s flagship container shipping company Hyundai Merchant Marine has confirmed a long-rumored plan to order 20 eco-friendly mega containerships at South Korean shipyards.  The shipbuilding plan announced Tuesday calls...

By Mike Wackett (The Loadstar) – Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a pipe-dream, according to maritime consultant...

South Korean shipping line Hyundai Merchant Marine has revealed plans to construct 22,000 TEU containerships in 2018 to boost its competitiveness within the global shipping sector. The revelation was made...

By Alexander Whiteman (The Loadstar) – Hyundai Merchant Marine (HMM) has calmed the waters that led it to the brink of bankruptcy with first-quarter results showing a reduction in operating...

South Korean shipping company Hyundai Merchant Marine has signed an agreement with smaller Asia-only carriers Heung-A Shipping and Sinokor Merchant Marine to form a niche shipping alliance targeting intra-Asia trade....

SEOUL, Nov 25 (Reuters) – South Korea’s Hyundai Merchant Marine Co Ltd (HMM) said on Friday it was chosen as preferred bidder to buy a port terminal in Algeciras, Spain,...