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Cyber attack hits HMM

HMM has suffered a cyber attack, which has hit the company's email outlook system in several areas. "The unidentified security breach was detected, which led...

Nansha emerges as substitute amid Yantian crisis

The Nansha International Container Terminal seems to become a viable alternative to the Yantian Port, which is struggling with the Covid-19 outbreak in Guangdong...

HMM continues urgent medical equipment transportation to India

HMM has transported 23TEU containers carrying medical oxygen supplies since it started delivering Covid-related medical devices to India on 12 May. The medical oxygen supplies...

HMM diverts MPV for ad hoc USEC container service

HMM has diverted a multi-purpose vessel (MPV), from its breakbulk service, to fulfill an extra loader service between Busan and the US East Coast...

Korean feeders in profit frenzy

All 12 privately owned South Korean feeder operators had a profitable 2020 as the year saw a remarkable recovery in demand for intra-Asia shipping. Korea...

Korean partners to build end-to-end green ammonia supply chain

South Korean flagship carrier HMM signed a Memorandum of Understanding (MoU) with five compatriot companies to develop a green ammonia supply line from manufacturing...

HMM switches MPV to extra loader service

HMM has diverted a chartered multi-purpose vessel, from its breakbulk service, to fulfill an extra loader service between Busan and the US East Coast. The...

Korean banks finance HMM’s latest container order

The Export-Import Bank of Korea (Korea EXIM Bank KEB) and Multi-Asset Global Investments, an offshoot of South Korean financial services group Mirae Asset, will...

HMM sets US$1 per box charge for Indian medical supplies

In an effort to support India to overcome the extreme Covid-19 situation, HMM has imposed a charge of US$1 for ocean freight rates on...

Free for all sees rates blow indexes out of the water

Freight indexes have become divorced from the reality of the market according to consultant Jon Monroe, who says that no index accurately represents the...
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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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