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Hmm News

Container line schedule reliability at record low for 6th month runningContainer line schedule reliability at record low for 6th month runningContainer 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 AliWorld's largest containership HMM Gdansk calls in Jebel AliJebel 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 CGMHMM Sells Half Interest in Algeciras Terminal to CMA CGMHMM 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 yearDisappointing South Korean liner alliance reformed for another yearKorea 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 EuropeWorld’s Largest Megaship Arrives in EuropeThe 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 loadHMM Oslo heads for Europe with a full loadHMM 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 LoadWorld’s Largest Containership Departs China with Record LoadThe 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 DSMEThe world’s largest containership named at DSMESouth 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 AprilWorld’s Largest Containership to Start Sailing at the End of AprilThe 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 2020HMM Sets Sights on 25 Pct Higher Revenue in 2020Korean 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 plansHyundai Merchant Marine outlines 2020 plansDespite 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 dealHMM inks smart ship technologies dealHMM 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 LossHyundai Merchant Marine Posts Q3 LossKorean 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 ShipbuildersHMM to Spread 20-Vessel Megaship Order Among South Korea’s Top ShipbuildersSouth 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 TerminalHMM and PSA Take Control of Busan TerminalHyundai 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 OrderHMM Sets Course for 1 Million TEU Fleet with Megaship OrderSouth 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 EdgeBargain Charter Rates Give HMM’s New Asia-N.Europe Panamax Service a Competitive EdgeWith 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 MegashipsHMM Losses Exceed $1 Billion, But Carrier Still Plans to Order More MegashipsHyundai 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’ ServiceHMM Rolls Out ‘-60ºC Ultra-Freezer’ ServiceSouth 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 HMMZodiac orders five 11.000 teu ships to go on charter to HMMZodiac Maritime has ordered five 11.000 teu ships for delivery in 2019.28 November 2017 Tuesday 13:00
HMM details new share planHMM details new share planSouth 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 VLCCsHMM Confirms Order for Five VLCCsSouth 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 tradelaneHMM looks at chartering in boxships for busy transpacific tradelaneAmid 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 reportsHMM disputes $10bn expansion reportsHyundai 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 monthsHMM slashes capacity by 28% in just three monthsHyundai 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 DevelopmentHMM, SNP Partner Up on Vietnam Port DevelopmentSouth 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%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 TerminalHMM Buys Hanjin’s Stake in Kaohsiung TerminalSouth 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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