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HMM changes terminals in Gwangyang port

Hyundai Merchant Marine is expected to shift its cargo handling in Gwangyang port, from Hutchison Ports' terminal, to Gwangyang West Container Terminal (GWCT). South Korea's...

HMM-BPTC consortium tipped to operate new Busan terminal

Hyundai Merchant Marine’s (HMM) consortium with Busan Port Terminal Corporation (BPTC) has been named the preferred bidder to operate the West container terminal in...

HMM expects second half profits

HMM CEO, Bae Jae-hoon expects cargo volumes to pick up during the usual seasonal peak in the third quarter 2020, as retailers in the...

The Alliance unveils expanded service network

The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming welcomed recently Hyundai Merchant Marine as a new core member of THE...

HMM sets out 2020 goals

HMM president and CEO, Jae-hoon Bae, marked the crucial points of the previous year, outlined the company's plans and set the 2020 targets in...

Maersk vessel’s arrival marks start of 2M service at London Gateway

The Maersk Mc-Kinney Moller arrived at DP World London Gateway on November 29, the first vessel on the AE7/Condor service to call at the...

The HMM’s future plan

Eco-friendly mega containerships are HMM’s global competitiveness In September, HMM ordered twenty eco-friendly mega containerships, including twelve 23,000 TEU and eight 15,000 TEU vessels. With the...

KDB to entirely reform HMM

Korea Development Bank (KDB) has vowed to carry out intense reform of Hyundai Merchant Marine (HMM) to normalize the ailing shipping firm's management. KDB...

HMM launched Japan-Straits service

Hyundai Merchant Marine (HMM) introduced on 27 November a dedicated weekly service connecting the main ports of Japan with Port Kelang and Singapore in...

Korean maritime transport industry suffers

Despite a boom in the Korean transportation sector, sales of the Korean maritime transport industry plunged more than 10% in 2017. The industry has...
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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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