HMM
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Asia
Will there be a chair for HMM when the music stops?
Andy Lane from CTI Consultancy ponders what will happen to South Korea’s other major carrier. Despite all of the denials,…
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Asia
HMM and other Korean carriers form Mini Alliance to replace Hanjin
South Korea’s Hyundai Merchant Marine (HMM) and compatriot carriers Korea Marine Transport, Sinokor Merchant Marine and Heung-A Shipping have formed…
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Asia
Navios Partners sells boxship, renegotiates HMM charters
Navios Partners has agreed to sell its containership (13,102 dwt, built 2011) to an unnamed third party for a net…
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Asia
HMM negotiates 20% rate cut with Capital Product Partners
HMM has negotiated a 20% cut in rates for five containerships it has on charter from Capital Product Partners as…
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Asia
Maersk, MSC & HMM: accident waiting to happen?
If you believe executives of the three parties to the MoU, this is the deal that will have the major…
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Asia
HMM joins Maersk and MSC in 2M
Hyundai Merchant Marine (HMM) has signed on to join the 2M alliance from April next year. HMM will join Maersk…
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Asia
Maersk and HMM rebuff acquisition talk
With news providers in South Korea and Europe once again linking Maersk Line with buying Hyundai Merchant Marine (HMM), a…
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Asia
HMM granted extra time to get its finances in order
Struggling Hyundai Merchant Marine (HMM) has been handed another month’s breathing space by creditors to get its financial footing safely…
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Asia
‘More details on charter negotiations will be disclosed soon’: HMM
A chink of light has emerged in Hyundai Merchant Marine’s tricky negotiations with tonnage providers to get the fees of…
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Asia
Charter negotiations called off, court receivership beckons for HMM
Court receivership for embattled Hyundai Merchant Marine (HMM) is likely to be announced this week as charter negotations with tonnage…
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Asia
Hyundai Merchant Marine a step closer to entering court receivership
Hyundai Merchant Marine (HMM) has moved a step closer to entering court receivership, and in the process will have made…
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Asia
HMM debt-to-equity swap plan to be discussed
Creditors next week will start discussing a debt-to-equity swap plan with Korean line Hyundai Merchant Marine (HMM), its lead creditor…
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Asia
Ofers play tough with HMM over charter cut requests
Hyundai Merchant Marine (HMM) is on track to finish negotiations with foreign shipowners by May 16 to cut fees on…
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Asia
Hyundai Merchant Marine facing court receivership
The clock is ticking for embattled Hyundai Merchant Marine (HMM). South Korea’s finance minister Yoo Il-ho said yesterday HMM will…
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Asia
KDB linked with Hyundai Merchant Marine takeover
Korea Development Bank (KDB) has stepped in to save struggling Hyundai Merchant Marine (HMM), multiple outlets in Seoul are reporting.…
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Asia
HMM sells Hyundai Securities stake for $1.1bn
Hyundai Merchant Marine (HMM) has today signed a stock purchase agreement (SPA) to sell its stake in its financial affiliate…
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Asia
Hyundai Heavy hit by exposure to HMM
Hyundai Heavy Industries’ (HHI) decision to help out fellow Korean line Hyundai Merchant Marine (HMM) last year has landed it…
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Asia
Deloitte Anjin loses HMM contract
Korea Development Bank (KDB) has ditched due Deloitte Anjin to carry out due diligence on Hyundai Merchant Marine (HMM) because…
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Asia
Vital boost for HMM from likely brokerage sale
The light at the end of the tunnel just grew brighter for South Korea’s Hyundai Merchant Marine (HMM). Its parent…
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Asia
HMM creditors approve self-rescue deal
Hyundai Merchant Marine’s (HMM) creditors, led by state-run Korea Development Bank, have approved the South Korean shipping company’s self-rescue plan,…
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