Tuesday, June 24, 2025
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Tag: HMM

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

Container shipping companies were on newbuild ordering spree during 2022 with the majority of them ordering new boxships driven by all-time record freight rates....

HMM CEO: Eco-friendly fleet and terminals to ride out challenges

The chief executive officer (CEO) of HMM, Kim Kyung-bae pointed out in his New Year's message that South Korea's flagship carrier will build eco-friendly...

THE Alliance unveils upgraded service network for 2023

THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has reconfigured its service network for the next year. The updated service setup...

HMM opens dedicated north India ICD access for Kattupalli port call

In an industry-leading move, South Korean liner HMM has opened a dedicated container train service from North India (ICD Tughlakabad) to Kattupalli Port, an...

KDB sounds out potential buyers for HMM shares

Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...

HMM hits US$11 billion revenue, surpasses US$6.3 billion profit in 9M 2022

HMM has achieved strong financial results for the third quarter of the year, increasing revenue by 27.1%, compared to the same quarter last year,...

South Korea’s Minister: HMM divestment depends on market conditions

South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market conditions and the shipping cycles would determine when...

HMM and CEVA Logistics ink multi-year cooperation deal

South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between...

New KDB boss: HMM, DSME must be sold at soonest

Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...

HMM and PANASIA partner on onboard carbon capture system

South Korean container line HMM has signed a Memorandum of Understanding (MoU) with global eco-friendly and energy system company PANASIA to collaborate on onboard...
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Maritime Geopolitics is now the market

In the once-quiet engine room of globalization maritime logistics a silent revolution is underway. According to maritime strategist Punit Oza, advances in port productivity have...

Cavotec unveils flexible shore power solution

Cavotec has launched PowerAlign, a new modular and mobile shore power solution purpose-built for container terminals. The unveiling took place at TOC Europe 2025 in...

Latvia and Germany strengthen maritime innovation ties

Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...

Kota Oasis makes inaugural call at Lomé

PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo. Following a successful first stop...
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