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HMM sale saga: SM Group buys more shares as takeover battle intensifies

As the contest to take over HMM intensifies, SM Group, parent of the South Korean flagship carrier’s compatriot peer SM Line, has bought more...

Pan Ocean parent Harim to compete for HMM ownership

Harim Group has thrown its hat into the ring to take over South Korea's flagship carrier HMM. The South Korean poultry business is the parent...

HMM announces new GRI from North India to East Coast of South America

Seoul-based ocean carrier HMM has announced a new general rate increase (GRI) for shipments from North India to the East Coast of South America...

66 out of 67 HMM vessels allowed to sail under CII rules

South Korean ocean carrier HMM reported that 99% of its owned vessels are well-placed to keep their voyage under the CII (Carbon Intensity Indicator)...

Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...

Will HMM merge with SM Line?

South Korea’s two ocean-going carriers could merge as the Samra Midas group wants to bid to acquire HMM. SM group, the parent of SM Line,...

HMM increases rates from India to US West Coast

South Korean ocean carrier HMM has announced a new General Rate Increase (GRI) from India to the United States West Coast. HMM noted that the...

THE Alliance changes Asia to Transpacific-West Coast network

Container shipping alliance of Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, THE Alliance has announced changes to the Asia to Transpacific-West Coast...

HMM announces new service linking Far East, India and Mediterranean

South Korea's major ocean carrier HMM will launch a new service connecting Far East Asia, India and the Mediterranean Sea (FIM) aiming to deliver...

HMM launches new service to connect Far East, India, Middle East and Mediterranean

HMM will launch a new service product providing links between the Far East, India, Middle East and Mediterranean regions, under the name of FIM. FIM...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

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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