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HMM and KORAIL team up for eco-friendly intermodal transportation

HMM has signed a Memorandum of Understanding (MoU) with Korea Railroad Corporation (KORAIL) to enhance inland rail transportation. The agreement covers utilizing domestic rail infrastructure...

Tussle between HMM and Samsung escalates

The legal wrangling between South Korea's flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics' US branch filed a complaint...

HMM, ONE launch new Far East Latin America Express service

HMM and Ocean Network Express (ONE) will introduce an enhanced service connecting Far East Asia with Latin America. This new product, named Far East-Latin America...

HMM proceeds with onboard carbon capture and storage initiatives

In pursuit of its 2050 carbon neutrality goal, HMM is actively advancing multiple initiatives, including the installation and demonstration of an Onboard Carbon Capture...

US FMC designates HMM as state-controlled carrier

The United States Federal Maritime Commission (FMC) designated HMM as a controlled carrier of the Government of the Republic of Korea and added it...

HMM introduces new rate increase from India to Mediterranean

HMM India has announced a new General Rate Increase for shipments from India to North Continental Port and Mediterranean ports. The Indian branch of the...

HMM and IKEA forge alliance to advance ocean transport decarbonization

HMM and IKEA Supply Chain Operations have entered into an agreement to utilize HMM's 'Green Sailing Service', a low-carbon ocean transport solution aimed at...

HMM’s methanol-powered ships to ply world’s first green shipping route

South Korea is pursuing an ambitious project to launch the world's first green shipping route. And 9,000 TEU methanol-fueled container ships being built by...

Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...

HMM and SM Line cooperate on Transpacific lane amid alliance shuffle

South Korean liner operators HMM and SM Line are working together on long-haul routes for the first time. On 13 May, SM Line said that...
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Port of Long Beach appoints new managing director of engineering services

The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

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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