Monday, July 7, 2025
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Tag: HMM

HMM sale to Harim-JKL collapses

HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...

Delay in negotiations cast doubt on HMM sale

Aspersions have been cast on the sale of HMM to the Harim Group-JKL Partners consortium after negotiations with the South Korean flagship carrier’s state-controlled...

THE Alliance temporarily halts AR1 service due to Red Sea crisis

THE Alliance, including Hapag-Lloyd, ONE, Yang Ming and HMM, has announced the temporary suspension of AR1 service due to recent Red Sea tensions. "Due to...

THE Alliance reaffirms “unwavering cooperation” in 2024

The members of THE Alliance have published a joint release to emphasize their commitment to continue their collaboration and operations as usual in 2024. This...

HMM expands its fleet with new 13,000 TEU vessel

In a significant milestone, HMM held the naming ceremony of its premier 13,000 TEU container ship HMM Garnet at the HD Hyundai Heavy Industries...

Hapag-Lloyd’s departure shakes-up THE Alliance

Shipping pundits are expecting liner alliances to be redrawn, after Maersk Line and Hapag-Lloyd announced on 17 January that they will form Gemini Cooperation...

HMM sale will be cautiously proceeded in view of taxpayers

South Korea’s Minister of Oceans and Fisheries Kang Do-hyung told journalists at a New Year briefing that he does not believe there will be a...

HMM launches supply chain carbon calculator for GHG emission monitoring

HMM has introduced the Supply Chain Carbon Calculator, a cutting-edge digital platform empowering customers to gain comprehensive visibility into their carbon footprint throughout the...

HMM announces US$1,500 GRI from India to East Coast of Latin America

South Korean ocean carrier HMM has announced a new general rate increase (GRI) from India to the East Coast of Latin America on its...

HMM likely to be sold to Harim-JKL in US$4.9 billion deal

South Korean poultry processor and Pan Ocean owner Harim Group and its consortium member, private equity firm JKL Partners, were chosen as the preferred...
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