Tuesday, June 24, 2025
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Tag: HMM

Government planning to divest HMM shares in phases

The South Korean government is now inclined to find a buyer for its substantial shareholding in flagship liner operator HMM, after earlier asserting that...

Box lines continue to reap record profits, HMM reports US$4.6 billion earnings in 2022 H1

Container carriers continue to achieve record financial results in the post-Covid era with HMM announcing outstanding revenue and profits this time. The South Korean box...

THE Alliance revises rotations of Transpacific services

North America's northwest coast continues to experience port congestion with vessel delays. This is the reason that effective from August, Transpacific services of THE...

HMM unveils upcoming investments over US$11.4 billion, aims to boost TEU capacity by nearly 400,000 TEU

HMM has decided to proceed with massive investment in several initiatives aiming to diversify its business portfolio for future growth. In the mid-to-long term strategy...

HMM certified for occupational safety and health management

HMM acquired ISO 45001, an internationally recognised certification in the field of safety and health management, from the Korean Registry (KR). It should be noted...

SM Line strengthens hold over HMM with more shares purchased

Samra Midas (SM) group has consolidated its position as HMM’s third-largest shareholder after its subsidiary SM Line bought more HMM shares to grow the...

HMM and Yang Ming accused of breaching contract with US shipper

South Korea’s flagship carrier HMM and Taiwan’s Yang Ming Marine Transport have become the latest liner operators to be accused by shippers of failing...

SM Line ups HMM stake to 5.52%, denies acquisition ambitions

SM group, comprising SM Line and its affiliates, has become HMM’s third largest shareholder after buying a substantial number of shares on 20 June. In...

HMM, SM Line and Pan Ocean launch first K-Alliance service

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service. K-Alliance was launched in 2020, with...

HMM unveils its new digital booking platform

The South Korean ocean carrier HMM has introduced its new digital solution called Hi Quote (HMM Instant Quote) aiming to offer a comprehensive contact-free...
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