Saturday, July 26, 2025
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Tag: HMM

HMM returns to US East Coast after three-year hiatus

The 13,154TEU container ship, Hyundai Hope, marked the return of HMM to the US east coast after three years, when the vessel called at...

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...
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Sinotrans joins CoscoSL’s Far East–Indian Subcontinent service

Sinotrans has shifted its Far East–Indian Subcontinent coverage by joining Cosco Shipping Lines’ China–Indian Subcontinent C1 service, as reported by DynaLiners. Operating under the...

Maersk announced contraints at the port of Koper

Maersk informed about upcoming railway capacity constraints at the Port of Koper due to significant infrastructure upgrades on the Slovenian public rail network. These extensive...

Japan to U.S. container exports fall for third straight month

As Japan International Freight Forwarders Association (JIFFA) reported, Japan’s container exports to the U.S. declined by 5% in June, marking the third consecutive month...

Do Arctic routes become operational, or is their usage only symbolic?

As geopolitical flashpoints multiply across the globe choking the Red Sea, squeezing the Panama Canal, and casting a shadow over the Black Sea, a...
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