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HMM increases container rates from India to US and Canada

HMM has announced a new general rate increase (GRI) from India to the United States and Canada. The South Korean ocean carrier has decided to increase...

HMM launches first direct connection between Indonesia and Latin America

HMM's service connecting the Far East, India, and Latin America (FIL) made its first call at the port of Tanjung Priok in Jakarta, Indonesia...

HMM bids US$233 million for Hyundai LNG Shipping in diversification move

South Korea’s flagship container carrier HMM is understood to have submitted a KRW300 billion (US$233 million) bid for Hyundai LNG Shipping early in June...

Incheon Port and HMM in joint effort to up North American volumes

Incheon Port Authority and HMM are working together to attract more gateway container cargoes from the US and Canadian west coasts. The South Korean port...

HMM adds Brazilian port to FIL rotation

HMM adds Porto Itapoá to FIL (Far East - India - Latin America) service port rotation that connects Latin America to important Asian ports...

HMM eyeing reunion with Hyundai LNG Shipping

HMM is reportedly attempting to buy back the liquefied natural gas (LNG) shipping unit that South Korea's flagship carrier divested back in 2014 when...

HMM’s revenue and profits plunge in the first quarter of 2023

HMM has announced its revenue fell 58% in the first quarter of the year to US$1.56 billion (KRW 2,082 billion) from US$3.68 billion (KRW...

HMM expands port rotation of India-ECSA connection

South Korean liner HMM is increasingly targeting export volumes out of the Indian market as the emerging economy rapidly gains in trade development and...

HMM starts solo intra-Asia route after ending joint operation with KMTC Line

South Korea's flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was codesharing with its compatriot regional carrier Korea...

HMM signs deal with GS Caltex to secure marine biofuels

South Korean major ocean carrier HMM will cooperate with its compatriot oil refiner GS Caltex to secure marine biofuels. The marine biofuels comprise 30% biodiesel...
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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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