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Penguin has delivered Singapore's first hybrid-powered ship
Suez Canal blockage: 4 of the biggest trade chokepoints
Unvaccinated Seafarers Put Shipping in ‘Legal Minefield’, Says ICS
Qatar Launches Shipowner Tender for Massive Future LNG Carrier Fleet
St. Lawrence Seaway Opens for 2021 Shipping Season
Netanyahu Blames Tehran For Explosion Aboard Israeli RoRo Helios Ray
Container line schedule reliability at record low for 6th month running
China seeks to accelerate green economy including shipping and ports
Israel Clears Greek Tanker of Suspicion in Oil Spill Investigation
CMA CGM to Deploy Six LNG-Powered Containerships on Transpacific
Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps
Wakashio Captain Confirms He Navigated Close to Shore to Pick Up Cell Signal, But Blames Chief Officer for Grounding
Australia Launches Livestock Carrier Inspection Campaign
Ship Owners Lock In Charter Rates at 13-Year Highs
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Container line schedule reliability at record low for 6th month running
Container line schedule reliability fell to its lowest level for the sixth consecutive month according to Sea-Intelligence.
01 March 2021 Monday 12:00
World's largest containership HMM Gdansk calls in Jebel Ali
Jebel Ali Port welcomed one of the world's largest containership's, the 24,000 teu HMM Gdansk, earlier this week.
14 September 2020 Monday 12:00
HMM Sells Half Interest in Algeciras Terminal to CMA CGM
HMM announced it is entering into a joint ownership agreement with CMA CGM for a container terminal in the south of Spain known as the Total Terminal International Algeciras (TTI Algeciras).
11 August 2020 Tuesday 12:05
Disappointing South Korean liner alliance reformed for another year
Korea Shipping Partnership, a quasi-alliance of all 14 South Korean liner operators, has extended its term by a year, even as its three years of existence failed to improve earnings.
07 August 2020 Friday 13:30
World’s Largest Megaship Arrives in Europe
The 24,000 TEU-class HMM Algeciras arrived in Rotterdam today setting a new record as the largest ship to enter a European port.
04 June 2020 Thursday 10:16
HMM Oslo heads for Europe with a full load
HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full, repeating a feat achieved by sister vessel HMM Algeciras.
01 June 2020 Monday 12:10
World’s Largest Containership Departs China with Record Load
The world’s largest containership has departed China carrying a record 19,621 TEUs.
12 May 2020 Tuesday 18:25
The world’s largest containership named at DSME
South Korean shipping major HMM has held a naming ceremony for the first of its twelve 24,000 TEU containerships.
23 April 2020 Thursday 13:00
World’s Largest Containership to Start Sailing at the End of April
The delivery of 24,000 TEU containerships to South Korean shipping company HMM will not be delayed by the ongoing impact of the coronavirus pandemic on the shipbuilding industry.
03 April 2020 Friday 09:50
HMM Sets Sights on 25 Pct Higher Revenue in 2020
Korean shipping giant Hyundai Merchant Marine (HMM) roughly anticipates a 25% improvement in its revenue for 2020, reaping the fruits from the impending deployment of its mega container vessels.
22 January 2020 Wednesday 10:02
Hyundai Merchant Marine outlines 2020 plans
Despite a “sluggish market” in 2019 South Korean container line Hyundai Merchant Marine (HMM) said it has laid a ‘solid foundation’ to improve mid-to-long term portability in the last 12 months.
03 January 2020 Friday 16:19
HMM inks smart ship technologies deal
HMM is closely working together with DSME on the research, development and innovation in the field of smart ship technologies.
30 September 2019 Monday 11:08
Hyundai Merchant Marine Posts Q3 Loss
Korean carrier will “put its utmost efforts to stably secure additional cargoes” to fill the 20 ships on order.
16 November 2018 Friday 17:31
HMM to Spread 20-Vessel Megaship Order Among South Korea’s Top Shipbuilders
South Korea’s biggest shipping line Hyundai Merchant Marine has opted to split its twenty-vessel megaship order among South Korea’s top three shipbuilders as it seeks to accelerate its strategy of achieving 1 million TEU capacity.
06 June 2018 Wednesday 12:15
HMM and PSA Take Control of Busan Terminal
Hyundai Merchant Marine (HMM) and PSA International have secured complete ownership of the Hyundai Pusan New-Port Terminal (Pier 4) in the Port of Busan, South Korea.
18 May 2018 Friday 12:19
HMM Sets Course for 1 Million TEU Fleet with Megaship Order
South Korea’s largest surviving ocean carrier, Hyundai Merchant Marine (HMM) has now officially confirmed its plans to order 350,000 teu of new capacity, including 12 x 20,000 + teu ultra-large vessels.
11 April 2018 Wednesday 12:32
Bargain Charter Rates Give HMM’s New Asia-N.Europe Panamax Service a Competitive Edge
With Hyundai Merchant Marine (HMM) about to launch an Asia-North Europe service deploying panamax-size vessels, maritime consultant Drewry has debunked the theory that unit slot costs on bigger ships will always work out cheaper.
27 March 2018 Tuesday 13:15
HMM Losses Exceed $1 Billion, But Carrier Still Plans to Order More Megaships
Hyundai Merchant Marine (HMM) slumped to a KRW1.2trn ($1.1bn) net loss in 2017. And this follows a KRW484bn loss the year before, bucking the industry trend of improved profitability.
14 February 2018 Wednesday 12:52
HMM Rolls Out ‘-60ºC Ultra-Freezer’ Service
South Korea's Hyundai Merchant Marine (HMM) announced that it started its first ‘Ultra-Freezer’ service from Busan, Korea to Barcelona, Spain, based on its rich experience in the high-tech reefer container service.
26 January 2018 Friday 17:52
Zodiac orders five 11.000 teu ships to go on charter to HMM
Zodiac Maritime has ordered five 11.000 teu ships for delivery in 2019.
28 November 2017 Tuesday 13:00
HMM details new share plan
South Korea's Hyundai Merchant Marine (HMM) detailed plans on Friday to raise KRW693.6bn ($614m) for two share sales. Cash raised will go on new ships and terminals, HMM said in a release.
16 October 2017 Monday 12:29
HMM Confirms Order for Five VLCCs
South Korean shipping company Hyundai Merchant Marine has confirmed that it has signed a contract for the construction of at least five VLCCs at Daewoo Shipbuilding & Marine Engineering (DSME).
06 September 2017 Wednesday 14:1
HMM looks at chartering in boxships for busy transpacific tradelane
Amid very high utilisation rates seen on the transpacific tradelane Hyundai Merchant Marine (HMM) is looking at chartering in some large boxships.
04 August 2017 Friday 17:05
HMM disputes $10bn expansion reports
Hyundai Merchant Marine officials are disputing local media reports that the line is tapping state backed Korea Development Bank (KDB) for KRW9.9trn ($8.9bn) in funds in a bid to expand the company to become the eighth largest containerline in the world.
27 July 2017 Thursday 15:45
HMM slashes capacity by 28% in just three months
Hyundai Merchant Marine (HMM) has drastically slashed the operating capacity of its box fleet by more than a quarter in the space of three months.
19 July 2017 Wednesday 13:54
HMM, SNP Partner Up on Vietnam Port Development
South Korean shipping company Hyundai Merchant Marine (HMM) has signed a memorandum of understanding (MOU) with terminal operator Saigon Newport Corporation (SNP) for joint cooperation on port development in Vietnam.
10 July 2017 Monday 17:32
HMM’s Asia-US Volumes Surge by 67%
South Korean shipping company Hyundai Merchant Marine (HMM) has seen a 67% year-on-year rise in its Asia-US volume in April 2017.
06 June 2017 Tuesday 15:00
HMM Buys Hanjin’s Stake in Kaohsiung Terminal
South Korean shipping company Hyundai Merchant Marine has acquired a 100% stake in Hanjin Pacific Corporation’s terminal in Kaohsiung.
30 May 2017 Tuesday 16:44
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