HMM
- Asia
South Korean president presides over the naming of the world’s largest boxship
The president of South Korea, Moon Jae-in, was on hand today at the Okpo shipyard of Daewoo Shipbuilding & Marine…
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HMM starts with THE Alliance
Today marks the first day for HMM in THE Alliance. The Korean flagship joins Hapag-Lloyd, Ocean Network Express (ONE) and…
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HMM pays $25m into emergency fund ahead of joining THE Alliance next week
South Korean flagship HMM has deposited $25m into THE Alliance’s contingency fund ahead of its April 1 joining of the…
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HMM’s new CEO in Europe for crunch talks with Maersk and MSC
Jae-hoon Bae, the newly installed president and CEO at HMM, South Korea’s flagship carrier, has wasted little time hopping on…
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HMM appoints new boss
South Korean flagship carrier HMM has appointed a new leader from outside the organisation. Jae-hoon Bae, who previously worked with…
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HMM CEO quits
CK Yoo is resigning as president and CEO at HMM, South Korea’s flagship carrier. In an internal note sent to…
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HMM racks up $720m annual loss
South Korean flagship carrier HMM has revealed a net loss of KRW808bn ($720m) for the full financial year, marking it…
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HMM signs off on mega boxship project
Today South Korea’s flagship line HMM signed formal contracts for its 20 mega containerships with three the nation’s top three…
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HMM continues to report the worst results of all the major carriers
Hyundai Merchant Marine (HMM), South Korea’s flagship carrier, continues to post the worst results of all the major carriers around…
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HMM jettisons Hyundai heritage in rebrand
South Korean shipping major Hyundai Merchant Marine (HMM) is now undergoing a rebranding process which will change the company’s official…
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HMM denies it is preparing for life without Maersk and MSC
January 1, 2020 marks a date creating headaches for shipowners around the world as they gear up for the introduction…
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Hyundai Merchant Marine exits the transatlantic trades
South Korean shipping major Hyundai Merchant Marine (HMM) is exiting from the transatlantic container trades by terminating service of two…
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HMM finally provides details on 20-ship ordering spree
In one of container shipping’s longer telegraphed orders, South Korea’s Hyundai Merchant Marine (HMM) has finally officially announced it is…
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HMM puts its marker down for global status
Neil Dekker, container consultant at ClipperMaritime, assesses the big picture on the Korean carrier’s decision to reenter the Asia to…
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HMM confirms Europe return
Hyundai Merchant Marine (HMM) today confirmed its intention to reenter the Asia-Europe box tradelane on its own with its boss…
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HMM gambles on classic panamaxes for Asia-Europe return
With an eye on 2020 when its agreement with Maersk and MSC comes up for renewal, Hyundai Merchant Marine (HMM)…
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HMM’s net loss for 2017 balloons to more than a billion dollars
South Korea’s leading line Hyundai Merchant Marine (HMM) issued its unaudited results for 2017 today with the red ink flowing…
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HMM poised to order 20 giant boxships
Multiple sources in South Korea are now reporting that Hyundai Merchant Marine (HMM) will very shortly put pen to paper…
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HMM ties the knot with MSC, Hapag-Lloyd and ONE for three South American services
Post-restructuring Hyundai Merchant Marine (HMM) has been keen to develop business lines in partnerships wherever possible. Its latest breakthrough was…
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HMM seals $177m crude shipping deal
South Korea’s Hyundai Merchant Marine (HMM) has inked a long-term crude oil shipping contract worth KRW190bn ($176.7m) with compatriot GS…
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