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Saturday, September 18, 2021
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Tag: HMM

HMM must improve salary system and bank will eventually release control, said KDB chairman

Korea Development Bank chairman, Lee Dong-gull has called on HMM to improve its salary system and disclosed that the state policy lender will inevitably...

K-Alliance starts operations 

Five South Korean liner operators began their code-sharing arrangement on intra-Asia routes on 1 September. HMM, SM Line Corporation, Pan Ocean, Sinokor Merchant Marine and...

HMM seafarers to picket in Busan, notwithstanding salary negotiations

While union leaders representing HMM’s seafarers and office staff continue to negotiate with the management for higher salary increments, the seafarers are going ahead...

Top 10: The largest shipping lines in the world

It comes as no surprise, that the shipping companies are the most crucial part of the global supply chain. The container shipping lines, with...

HMM given until 1 September to settle labour dispute – More than half company’s seafarers to move to MSC

HMM's seafaring union has given the management a week's grace to see if a compromise to the impasse in their salary increment expectations can...

HMM seafarers call for strike, threaten move to MSC

HMM's 453 seafarers’ union has voted overwhelmingly to go on strike after the company’s management rejected its demands for a generous salary increment. Over 92%...

HMM achieves record profits and increased volumes during 2021 H1

HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%,...

Maersk Container Industry produces milestone Star Cool reefer

Maersk Container Industry (MCI) has marked a milestone with the production of its 400,000th Star Cool unit, which will be delivered to HMM. Since 2005...

FMC questions eight box carriers about surcharges

The Federal Maritime Commission (FMC) has launched an inquiry, asking eight shipping companies to provide information about the congestion and related surcharges they have...

MSC entices HMM seafarers with high salary

MSC is seeking to hire South Korean seafarers for the first time, a move that has raised eyebrows in the Asian country. The Swiss-Italian liner...
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CN Photo Project: The Picture of the Week

Container News wants to thank you all for your participation in the CN Photo Project. Among all the very beautiful photos we have received, the Container News team has...

Maersk raises annual forecast

A.P. Møller - Mærsk (APMM) has revised its full-year guidance for 2021 with an underlying EBITDA now expected in the range of US$22-23 billion...

Google steps into global supply chain to assist in disruptions

Google Cloud has announced the launch of Supply Chain Twin, a purpose-built industry solution that lets companies build a digital twin, a virtual representation...

Victoria container terminal completes automation upgrade of Navis N4 TOS

Victoria International Container Terminal (VICT), the first fully automated terminal in Australia, has completed its automation upgrade of Navis’ N4 Terminal Operating Solution (TOS). This...