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HMM opens dedicated north India ICD access for Kattupalli port call

Container News Team - December 20, 2022 0

In an industry-leading move, South Korean liner HMM has opened a dedicated container train service from North India (ICD Tughlakabad) to Kattupalli Port, an...

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KDB sounds out potential buyers for HMM shares

Container News Team - November 24, 2022 0

Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...

News

HMM hits US$11 billion revenue, surpasses US$6.3 billion profit in 9M 2022

Antonis Karamalegkos - November 9, 2022 0

HMM has achieved strong financial results for the third quarter of the year, increasing revenue by 27.1%, compared to the same quarter last year,...

News

South Korea’s Minister: HMM divestment depends on market conditions

Container News Team - October 7, 2022 0

South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market conditions and the shipping cycles would determine when...

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HMM and CEVA Logistics ink multi-year cooperation deal

Container News Team - September 20, 2022 0

South Korean ocean carrier HMM and French logistics firm CEVA Logistics have signed an agreement which is expected to strengthen and expand relations between...

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New KDB boss: HMM, DSME must be sold at soonest

Container News Team - September 19, 2022 0

Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...

News

HMM and PANASIA partner on onboard carbon capture system

Antonis Karamalegkos - September 15, 2022 0

South Korean container line HMM has signed a Memorandum of Understanding (MoU) with global eco-friendly and energy system company PANASIA to collaborate on onboard...

News

Government planning to divest HMM shares in phases

Container News Team - August 16, 2022 0

The South Korean government is now inclined to find a buyer for its substantial shareholding in flagship liner operator HMM, after earlier asserting that...

News

Box lines continue to reap record profits, HMM reports US$4.6 billion earnings in 2022 H1

Antonis Karamalegkos - August 10, 2022 0

Container carriers continue to achieve record financial results in the post-Covid era with HMM announcing outstanding revenue and profits this time. The South Korean box...

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THE Alliance revises rotations of Transpacific services

Container News Team - July 19, 2022 0

North America's northwest coast continues to experience port congestion with vessel delays. This is the reason that effective from August, Transpacific services of THE...

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