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HMM upgrades Intra-Asia Cross Network service

Major South Korean shipping line HMM announced the expansion of ICN (Intra-Asia Cross Network) container service, which commenced last May. Starting on 9 October, HMM's...

HMM to become minority owner of Polaris Shipping

South Korea’s flagship box line HMM is set to become a minor shareholder in compatriot shipping outfit Polaris Shipping, which focuses on operating very...

THE Alliance revises Transpacific – North West Coast network

THE Alliance, including Hapag-Lloyd, Yang Ming, ONE and HMM, will make changes to Asia to Transpacific-North West Coast network by temporarily suspending the PN3...

HMM proceeds with green sailing service using marine biofuel

HMM conducted a trial use of a sustainable marine biofuel on its 6,400 TEU container ship HMM Tacoma calling in Busan, South Korea. In particular,...

THE Alliance changes Chennai terminal on IO3 service

Ocean Network Express (ONE) announced a change in the Chennai port on THE Alliance's IO3 service. Hapag-Lloyd, ONE, Yang Ming and HMM, which form THE...

Container lines consolidate service networks out of South India as trade expands

Container lines are rapidly expanding connections out of South India to keep pace with growing trade volumes. But the concentration of calls at private box...

HMM suitor Dongwon receives KDB funding to run Busan terminal

South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing...

Hapag-Lloyd reportedly ruled out of HMM bid

German mainline operator Hapag-Lloyd is said to have failed to make the cut in preliminary bidding for the majority stake in South Korean carrier...

SM Group reverses HMM takeover dream

Samra Midas Group, parent of HMM’s compatriot peer SM Line, has U-turned on its plan to acquire the state’s interest in South Korea’s flagship...

Evergreen temporarily loses ground in TEU rankings; ready to climb higher

Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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