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Tag: HMM

THE Alliance stops Cape of Good Hope diversions

THE Alliance has stopped rerouting ships around the Cape of Good Hope on the Asia-Europe route. The rerouting was a temporary measure as sailings were...

HMM supports earthquake victims in Türkiye

HMM will transport relief goods and provide empty containers to support the earthquake victims in Türkiye. In particular, the company started to transport 50 TEUs...

Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...

HMM, best-performing carrier for carbon emission in Far East – US West Coast lane

HMM was the best-performing carrier in terms of carbon emissions between Far East Asia and the United States West Coast in the fourth quαrter...

HMM and Foresys to recycle discarded mooring ropes

HMM has become the first South Korean shipping company to recycle discarded nylon mooring ropes, following in the footsteps of a similar initiative started...

HMM joins United Nations Global Compact

South Korea's major container carrier HMM announced earlier in February that it has joined the United Nations Global Compact (UNGC), as an official member. UNGC...

Top 10: The largest container lines in terms of owned carrying capacity

Here comes another top-10 list by Container News. This time, we will see the largest container shipping companies in terms of owned carrying capacity. After...

HMM orders new methanol-fuelled 9,000 TEU boxships

HMM has secured contracts for nine 9,000 TEU container ships powered by methanol dual-fuel engines with Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding...

HMM and Sinokor sign up to nuclear power

HMM, Sinokor Merchant Marine, Wooyang Shipping and H-Line Shipping are exploring the development of nuclear-powered ships. On 9 February, the four South Korean shipping companies...

HMM achieves annual profits of over US$7 billion

South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to...
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IRISL as Iran’s operational arm amid ongoing nuclear negotiations with US

Islamic Republic of Iran Shipping Line Group (IRISL), as the maritime backbone of Iran’s international trade, is once again at the center of geopolitical...

Slight gains for bunker indexes

At the close of the 23rd week of the year, the global bunker indices published by Marine Bunker Exchange (MABUX) showed moderate gains. The 380...

One-Way Leasing should define ‘what’s next’ in global container shipping

The global supply chain of old seems to be in an upheaval, and a growing stack of empty containers might not be able to...

Strategic investments reshape Eastern Mediterranean logistics landscape

Amid mounting geopolitical volatility in the Eastern Mediterranean, a wave of strategic port and logistics investments in 2025 signals a broader shift in regional...
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