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Tag: HMM

HMM unveils upcoming investments over US$11.4 billion, aims to boost TEU capacity by nearly 400,000 TEU

Antonis Karamalegkos - July 14, 2022 0

HMM has decided to proceed with massive investment in several initiatives aiming to diversify its business portfolio for future growth. In the mid-to-long term strategy...

News

HMM certified for occupational safety and health management

Container News Team - July 7, 2022 0

HMM acquired ISO 45001, an internationally recognised certification in the field of safety and health management, from the Korean Registry (KR). It should be noted...

News

SM Line strengthens hold over HMM with more shares purchased

Container News Team - July 6, 2022 0

Samra Midas (SM) group has consolidated its position as HMM’s third-largest shareholder after its subsidiary SM Line bought more HMM shares to grow the...

HMM and Yang Ming accused of breaching contract with US shipper

Container News Team - June 23, 2022 0

South Korea’s flagship carrier HMM and Taiwan’s Yang Ming Marine Transport have become the latest liner operators to be accused by shippers of failing...

News

SM Line ups HMM stake to 5.52%, denies acquisition ambitions

Container News Team - June 21, 2022 0

SM group, comprising SM Line and its affiliates, has become HMM’s third largest shareholder after buying a substantial number of shares on 20 June. In...

HMM, SM Line and Pan Ocean launch first K-Alliance service

Container News Team - June 16, 2022 0

HMM, SM Line and Pan Ocean have started the first service under the K-Alliance, a joint South Korea-Vietnam-Thailand service. K-Alliance was launched in 2020, with...

News

HMM unveils its new digital booking platform

Container News Team - June 13, 2022 0

The South Korean ocean carrier HMM has introduced its new digital solution called Hi Quote (HMM Instant Quote) aiming to offer a comprehensive contact-free...

News

SM Line’s failed attempt to charter HMM vessels highlights tonnage tightness

Container News Team - May 23, 2022 0

SM Line is now seeking ways to procure more ships to operate its Transpacific services, after the South Korean liner operator’s slot-sharing deal with...

News

Record earnings for HMM in the first quarter

Container News Team - May 13, 2022 0

HMM announced its financial results for the first quarter of 2022, in which the company recorded record profits, mainly due to freight rates and...

News

SM Line ups stake in HMM to 0.99%

Container News Team - May 3, 2022 0

South Korean liner operator SM Line (also known as SM Merchant Marine) has purchased more shares in its compatriot rival HMM, increasing its stake...

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