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HMM acquires more than 112,000 containers after lease amendment

Container News Team - October 24, 2024 0

South Korea’s flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea...

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Premier Alliance discloses updates to its network

Antonis Karamalegkos - October 21, 2024 0

Premier Alliance, including HMM, Ocean Network Express (ONE) and Yang Ming, which will commence operations in February after the exit of Hapag-Lloyd from THE...

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Harim Group chairman doesn’t back down from HMM acquisition plans

Container News Team - October 17, 2024 0

Harim Group chairman Kim Hong-kuk said at a press event on 16 October that his company would consider bidding for HMM again if another...

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HMM purchasing five container vessels from Capital Group

Container News Team - September 25, 2024 0

South Korea’s flagship carrier HMM is in the process of buying five 5,000 TEU ships that it had been chartering from Capital Clean Energy...

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HMM unveils its new investment strategy

Antonis Karamalegkos - September 10, 2024 0

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and proceed with global green initiatives. Under the sustainable growth plan,...

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HMM follows MSC and CMA CGM, turning to pre-owned boxships

Container News Team - September 9, 2024 0

High charter costs have made HMM join two giant ocean carriers MSC and CMA CGM in buying elderly secondhand feeder ships. HMM’s spokesperson told Container...

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HMM, ONE, Yang Ming continue as Premier Alliance, partner with MSC on slot exchange

Antonis Karamalegkos - September 9, 2024 0

Following the decision by Hapag-Lloyd and Maersk to exit their current alliances and form a new partnership, the Gemini Cooperation, questions arose regarding the...

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Liner operators’ margins hit post-Covid peak

Container News Team - September 4, 2024 0

Alphaliner’s report today (4 September) stated that margins for the nine largest liner operators topped 20% in Q2 2024, the highest since the Covid-19...

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HMM achieves growth in first-half revenue and profits

Antonis Karamalegkos - August 13, 2024 0

South Korea's major container line HMM has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its...

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Yang Ming vessel explosion reportedly linked to HMM-booked container

Container News Team - August 12, 2024 0

The container that exploded on Yang Ming's ship YM Mobility on 9 August was reportedly booked by the Taiwanese operator’s fellow THE Alliance member...

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Port of Long Beach appoints new managing director of engineering services

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Port of Long Beach appoints new managing director of engineering services

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