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.
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.
Hyundai Merchant Marine (HMM) informed that it has finalised the contracts for its twenty eco-friendly mega containerships with three shipyards. The order includes twelve above-20,000-TEU and eight 14,000-TEU mega boxships.
