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Hapag-Lloyd emerges as potential HMM bidder

Container News Team - August 21, 2023 0

The emergence of Hapag-Lloyd as a contender for the acquisition of South Korean carrier HMM is not a surprise, given that the company is...

News

HMM sees first-half profits sink over 90%

Antonis Karamalegkos - August 10, 2023 0

HMM's first-half results are incredibly low compared to last year's levels with the company's profits falling over 90% year-on-year. In the first six months of...

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Kaohsiung to deepen HMM’s terminals to accommodate giant ships

Container News Team - August 7, 2023 0

Taiwan International Ports Corporation (TIPC) will spend around US$142 million to excavate the waters around berths 76, 77 and 78 in Kaohsiung port as...

News

HMM sale saga: SM Group buys more shares as takeover battle intensifies

Container News Team - August 3, 2023 0

As the contest to take over HMM intensifies, SM Group, parent of the South Korean flagship carrier’s compatriot peer SM Line, has bought more...

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Pan Ocean parent Harim to compete for HMM ownership

Container News Team - July 25, 2023 0

Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent...

Rates & Surcharges

HMM announces new GRI from North India to East Coast of South America

Container News Team - July 25, 2023 0

Seoul-based ocean carrier HMM has announced a new general rate increase (GRI) for shipments from North India to the East Coast of South America...

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66 out of 67 HMM vessels allowed to sail under CII rules

Container News Team - July 25, 2023 0

South Korean ocean carrier HMM reported that 99% of its owned vessels are well-placed to keep their voyage under the CII (Carbon Intensity Indicator)...

News

Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Container News Team - July 21, 2023 0

Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...

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Will HMM merge with SM Line?

Container News Team - July 20, 2023 0

South Korea’s two ocean-going carriers could merge as the Samra Midas group wants to bid to acquire HMM. SM group, the parent of SM Line,...

Rates & Surcharges

HMM increases rates from India to US West Coast

Antonis Karamalegkos - July 18, 2023 0

South Korean ocean carrier HMM has announced a new General Rate Increase (GRI) from India to the United States West Coast. HMM noted that the...

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Tag: HMM

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