Saturday, July 5, 2025
Tags HMM

Tag: HMM

Covid-19 dashes HMM’s profit hopes

HMM’s hopes of restoring profitability have been dashed by the Covid-19 pandemic, despite efforts and capacity and rate discipline. The South Korean liner operator reported...

HMM responds to state aid criticism from Maersk Line

South Korean shipping line HMM has hit back at suggestions by AP Møller-Maersk CEO Søren Skou that the European Commission should investigate state aid...

Updated: Maersk’s Skou hits out at “unacceptable” state aid for lines

Container shipping lines, such as HMM and Yang Ming Line, that receive state aid from there are gaining an unfair advantage over their competitors...

Saudi port welcomes maiden call from THE Alliance’s AG3

Gulf Stevedoring Contracting Company (GSCCO), part of the Gulftainer group of companies, has received the Hyundai Tacoma container vessel from the recently updated AG3...

Busan Port considers volume-linked terminal rentals

Busan Port Authority (BPA), aware of the challenges facing liner operators, could offer volume-linked rental rates to terminal operators from 2022, ahead of the...

Seoul sets aside US$382m emergency fund for HMM

The South Korean government has set aside KRW470 billion (US$382 million) in emergency funding for mainline operator HMM as the maritime industry faces another...

HMM launches US$592m bond issue for new containers, working capital

South Korean mainline operator HMM is issuing KRW720 billion (US$592.3 million) in convertible bonds, raising funds for capital investments in new containers as well...

Covid-19 crisis forces THE Alliance to blank more sailings

Due to the unprecedented nature of the Covid-19 pandemic and the forecast sharp downturn in demand, members of THE Alliance, Hapag-Lloyd, HMM, Ocean Network...

HMM axes South Korea-Japan service

Hyundai Merchant Marine (HMM) will cease its South Korea-Japan service ahead of the South Korean liner operator’s entry into THE Alliance on 1 April. HMM's...

Hyundai Merchant Marine to rebrand as HMM Co., Ltd

South Korean flagship mainline operator Hyundai Merchant Marine (HMM) will be renamed HMM Co., Ltd. Container News understands that the move had been planned for...
- Advertisment -

Most Read

Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...
error: Content is protected !!