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HMM bid now down to two South Korean groups

South Korea’s Dongwon Group and Harim Group will be vying to take control of the country’s flagship box line HMM. Dongwon, South Korea’s largest fishing...

HMM’s financial figures sink in 2023

South Korean ocean carrier HMM reported that its third-quarter revenue decreased by 58% to US$1.6 billion. At the same time, the company's operating profit was...

HMM organises tree plantation drive in India

South Korean shipping company HMM organised a tree plantation drive in collaboration with Green Yatra, a leading environmental NGO, as a part of Corporate...

THE Alliance announces changes to Transpacific-East Coast services

THE Alliance (THEA), comprising Hapag-Lloyd, HMM, Yang Ming and Ocean Network Express (ONE), has decided to make changes to the Transpacific-East Coast Network. The container...

Israel-Hamas war: 10% of Ashdod Port staff recruited by Israeli army, first war-related surcharges announced

Israel's Ashdod Port, one of the largest ports of the country and a crucial asset for the national economy, is continuing to operate normally...

HMM returns to port of Koper after ten years

South Korea's major ocean carrier HMM established a new link with the port of Koper in late summer, with connecting transhipment in Piraeus, Greece...

Pan Ocean sells ships to raise war chest for HMM bid

South Korean shipping group Pan Ocean is reportedly selling ships to raise funds to help its parent Harim Group bid for flagship box carrier...

HMM upgrades Intra-Asia Cross Network service

Major South Korean shipping line HMM announced the expansion of ICN (Intra-Asia Cross Network) container service, which commenced last May. Starting on 9 October, HMM's...

HMM to become minority owner of Polaris Shipping

South Korea’s flagship box line HMM is set to become a minor shareholder in compatriot shipping outfit Polaris Shipping, which focuses on operating very...

THE Alliance revises Transpacific – North West Coast network

THE Alliance, including Hapag-Lloyd, Yang Ming, ONE and HMM, will make changes to Asia to Transpacific-North West Coast network by temporarily suspending the PN3...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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