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Tag: HMM

HMM launches due diligence for SK Shipping acquisition

South Korea's major shipping company HMM is exploring the acquisition of SK Shipping, excluding its liquefied natural gas (LNG) transportation division, in a deal...

Shipping shortage on Europe-India route

The Europe-India trade still does not have adequate tonnage as the new Gemini Cooperation of Maersk and Hapag-Lloyd plus Premier Alliance (ONE, HMM and...

California judge stays HMM’s D&D suit against Samsung Electronics

The US courts have suspended HMM’s suit against Samsung Electronics America for unpaid shipping, detention and demurrage charges. In mid-2024, South Korea’s flagship container line filed...

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions,...

Green regulations drive up costs for liner operators in Europe

Since the start of 2025, emissions-related surcharges have doubled on the Asia-North Europe container trade, according to Alphaliner, as carriers contend with the European...

HMM earnings and profits rise in 2024

South Korean major ocean carrier HMM has reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and...

Weekly Update: Stock Performance of Container Shipping Sector

The container shipping industry continues to navigate a complex and ever-evolving landscape, shaped by shifting economic conditions, geopolitical tensions, and supply chain disruptions. Over...

Post-pandemic peak sees frenzied ship buying in 2024

Mainline operators, led by MSC, were very active in buying second-hand container ships in 2024, as freight rates reached levels not seen since the...

Container Shipping Stocks: Weekly Performance Overview

Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...

The World’s Largest Container Ships

In the vast expanse of the world's oceans, giants silently glide, carrying the lifeblood of global trade. These colossal container ships, marvels of modern...
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Mitsubishi Gas Chemical and MOL take delivery of Japan’s first dual-fuel methanol carrier

Mitsubishi Gas Chemical Company (MGC) announced the successful delivery of a state-of-the-art dual-fuel methanol carrier, chartered from Mitsui O.S.K. Lines (MOL), on a long-term...

Atlantic Forwarding, Atlantic Gate unite under one brand

Atlantic Forwarding and Atlantic Gate unite under one global brand: Atlantic Gate. This rebranding brings together the two entities under one brand. “This rebranding is...

Nuclear-powered vessels gain momentum amid climate push

As the shipping industry seeks radical solutions to meet climate goals and stabilize fuel costs, nuclear propulsion has re-emerged as a transformative force and...

Ukrainian ports face new risks after drone strikes on Russia

On June 1, 2025, Ukraine launched a large-scale, simultaneous drone strike campaign targeting multiple Russian air bases deep inside enemy territory. This marks a significant...
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