South Korea’s flagship carrier HMM celebrated its 50th anniversary today and aims to tap into artificial intelligence (AI) and eco-ships as it charts a course toward its centenary.
Originally established as Asia Merchant Marine in 1976, the company was formed by Hyundai Group to manage three tankers that had been cancelled midway through construction at the Hyundai shipyard. In August 1982, the company changed its name to Hyundai Merchant Marine and, in 1985, started a container service between Asia and the US West Coast. This was followed by a semi-liner container service connecting Europe, the South Pacific, and Australia in 1986. In 1994, the company launched South Korea’s first liquefied natural gas carrier.
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