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Tag: HMM

HMM to expand cooperation with FESCO

South Korean flagship carrier HMM is expanding its cooperation with Russia’s FESCO

HMM announces deal for Pusan Port

On January 30, 2019, HMM held a signing ceremony for the 'PSA-Hyundai Pusan New Port (PHPNT) Pier 4' sales contract.

Ultra large container vessel battle is over: Drewry

Major lines have sated their appetite for ultra large container vessels, with UK consultants Drewry slashing its projected boxship order forecasts from 2020 onwards.

Hyundai Merchant Marine to Say Good Bye to 2M Alliance?

South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join  a new ocean alliance said a local media report.

HMM Posts Continued Losses, Invests in Mega-Vessels

South Korean ocean carrier HMM announced continued losses on Wednesday, despite higher revenue and rising volumes.

Hyundai Merchant Marine to Spend $2.8 Bln on 20 Containerships

South Korea's largest shipping line Hyundai Merchant Marine (HMM) said it will invest 3.153 trillion won ($2.84 billion) for 20 new large containerships to be delivered by June 2021.

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