Join our crew and become one of the 110,037 members that receive our newsletter.

hmm


Tuesday, September 10, 2024
HMM Containership leaving port
Shipping

South Korean Shipping Giant HMM Unveils $17.4 Billion Green Investment Plan

South Korea’s leading shipping company, HMM, has announced a comprehensive strategy to transform itself into a global “green” shipping and logistics

September 10, 2024
Total Views: 1503

Monday, September 9, 2024
HMM Containership leaving port
Shipping

Major Shipping Alliance Reshuffle: Premier Alliance to Launch, MSC Unveils Standalone Network

Container shipping lines Ocean Network Express (ONE), HMM, and Yang Ming Marine Transportation have announced the formation of a new alliance named

September 9, 2024
Total Views: 1474

Monday, July 1, 2024
A tug escorts a containership at the Port of Los Angeles, California. Photo: Robert V Schwemmer / Shutterstock.com
Shipping

HMM Designated as Controlled Carrier by Federal Maritime Commission

The Federal Maritime Commission (FMC), the U.S. agency responsible for ensuring a reliable and competitive international ocean transportation system, has

July 1, 2024
Total Views: 2675

Wednesday, April 3, 2024
HMM Containership leaving port
Environment

HMM Lines Up Methanol and LNG Fuel Supply in Shanghai Port

South Korean ocean carrier HMM has inked a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG), China’s largest port operator, on

April 3, 2024
Total Views: 686

Wednesday, January 24, 2024
Officials pose for a picture in front of HMM Garnett
Shipbuilding

HMM Takes Delivery of ‘HMM Garnet’, First in New Series of LNG-Ready Containerships

South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is

January 24, 2024
Total Views: 2218

Monday, August 7, 2023
HMM Containership leaving port
Shipping

Five South Korean Companies Vie to Take Over Flagship Carrier HMM

By Martina Li in Taiwan (The Loadstar) – Five South Korean corporations have shown an interest in taking over flagship carrier HMM. State-controlled

August 7, 2023
Total Views: 2816

Monday, May 15, 2023
HMM Containership leaving port
Shipping

HMM Revenue Plunges, Prompting Measures to Counter Economic Downturn

South Korean shipping line Hyundai Merchant Marine (HMM) has announced plans to reign in costs as it reports a significant decline in its financial performance

May 15, 2023
Total Views: 1517

Thursday, April 20, 2023
HMM Containership leaving port
Environment

HMM to Test Shipboard Carbon Capture on Containership

South Korean shipping company HMM has announced plans to conduct field tests of a shipboard carbon capture system on board one of its containerships. The tests

April 20, 2023
Total Views: 2327

Tuesday, February 14, 2023
HMM Containership leaving port
Shipbuilding

HMM Orders Nine Methanol-Powered Containerships for $1.2 Billion

South Korean shipping line HMM has placed a $1.2 billion order for nine 9,000 TEU capacity dual-fuel containerships powered by methanol. The shipbuilding

February 14, 2023
Total Views: 1870

Wednesday, September 7, 2022
HMM Containership leaving port
Shipping

Two-Tier Market Emerges as Container Spot and Contract Rates Diverge

By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers

September 7, 2022
Total Views: 4281

Wednesday, August 10, 2022
HMM Containership leaving port
Shipping

Ocean Carrier HMM Sees ‘Considerable Uncertainties’ Ahead for Container Shipping as Profits Roll In

By Mike Wackett (The Loadstar) – South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a

August 10, 2022
Total Views: 2758

Thursday, July 14, 2022
HMM containership in port
Shipping

South Korea’s HMM Reveals Plan to Leapfrog in Carrier Rankings with $11 Billion Growth Strategy

South Korea’s flagship shipping line HMM will invest approximately $11 billion in the coming years to expand its fleet of container and bulk ships,

July 14, 2022
Total Views: 1082

Wednesday, July 6, 2022
HMM Containership leaving port
Shipping

SM Line Increases Stake in HMM, Fueling Takeover Speculation

By Martina Li in Taiwan (The Loadstar) – SM Line has expanded its hold on HMM after buying more shares, leaving the market to wonder if the rival South

July 6, 2022
Total Views: 1322

Wednesday, June 22, 2022
Yang Ming containership
Shipping

Shipper Complaint Accuses Yang Ming and HMM of Collusion and Profiteering

By Nick Savvides (The Loadstar) – An Illinois shipper is suing Taiwanese operator Yang Ming and South Korean carrier HMM, claiming they benefited

June 22, 2022
Total Views: 1368

Friday, May 13, 2022
Yang Ming containership
Shipping

Horizon Murky for Container Shipping as Carriers Report Big Returns 

By Mike Wackett (The Loadstar) – As container spot rates continue to wane and close in on contract rates two more ocean carriers have reported record

May 13, 2022
Total Views: 3737

Wednesday, May 11, 2022
HMM containership in port
Shipping

HMM to Deploy More Vessels as Port Congestion Persists

By Kyunghee Park (Bloomberg) — HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to

May 11, 2022
Total Views: 2133

Tuesday, February 15, 2022
hmm alge
Shipping

Container Bull Market Helps HMM Wipe Out Years of Losses

By Mike Wackett (The Loadstar) – South Korean flagship carrier HMM has reported a $4.4bn net profit for 2021, compared with just $100m the year before,

February 15, 2022
Total Views: 969

Friday, November 26, 2021
HMM containership in port
Shipping

South Korean Government to Launch Search for HMM Buyer Next Year

By Martina Li in Taiwan (The Loadstar) By the end of Q1 22, a roadmap to sell the South Korean government’s stake in flagship liner HMM will be unveiled,

November 26, 2021
Total Views: 1442

Wednesday, November 10, 2021
HMM containership in port
Shipping

HMM Posts Record Quarterly Profit

By Mike Wackett (The Loadstar) – South Korean ocean carrier HMM has wiped out two-thirds of the losses it incurred in the past five years with a

November 10, 2021
Total Views: 611

Thursday, August 26, 2021
hyundai containership
Shipping

Union: Over 300 HMM Seafarers Resign as Pay Negotiations Continue

By Martina Li in Taiwan (The Loadstar) – More than half HMM’s 600-strong seafarer workforce have quit following management refusal to meet

August 26, 2021
Total Views: 2859
close

JOIN OUR CREW

Maritime and offshore news trusted by our 110,037 members delivered daily straight to your inbox.