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Tag: HMM

US decision to remove HK trade privileges adds to China tensions

Liner operators are concerned about the US decision to remove Hong Kong’s trade privileges, which was triggered by China’s plans to impose a national...

Rate levels not costs key to mitigating carrier 2020 losses as lines cancel more services

Maintaining freight rate levels is key to maintaining carrier profits in this crisis hit year that has seen shipping lines slash services, managing capacity...

Germocide goes top of the containerisation agenda

Anti-social media robbed the health authorities of the term ‘going viral’. Now, sadly the medical teams have stolen it back with a vengeance. Loathe...

HMM Oslo heads for Europe with a full load

HMM Oslo, the company’s second 24,000TEU ship, has left for Europe, according to a company statement on 31 May, with all its slots full,...

Updated: Feeling for the bottom of the recession

According to the Danish consultancy Sea-Intelligence the level of blank sailings has reached a “plateau” although there are now more than 500 cancellations in...

HMM works with Kakao to digitalise its business

HMM has entered into a partnership with Kakao Enterprise to develop artificial intelligence (AI)-based platform services to digitally transform its customer facing operations. Kakao Enterprise...

HMM returns to US East Coast after three-year hiatus

The 13,154TEU container ship, Hyundai Hope, marked the return of HMM to the US east coast after three years, when the vessel called at...

Covid-19 dashes HMM’s profit hopes

HMM’s hopes of restoring profitability have been dashed by the Covid-19 pandemic, despite efforts and capacity and rate discipline. The South Korean liner operator reported...

HMM responds to state aid criticism from Maersk Line

South Korean shipping line HMM has hit back at suggestions by AP Møller-Maersk CEO Søren Skou that the European Commission should investigate state aid...

Updated: Maersk’s Skou hits out at “unacceptable” state aid for lines

Container shipping lines, such as HMM and Yang Ming Line, that receive state aid from there are gaining an unfair advantage over their competitors...
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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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