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Tag: HMM

Premier Alliance updates Asia-Transpacific West Coast network and announces maiden voyages

Premier Alliance, including HMM, Wan Hai and Ocean Network Express (ONE), has announced adjustments to its Asia-Transpacific West Coast service network. The PS5 and PN4...

HMM giant boxship collides with oil tanker in Spain

South Korean flagship carrier HMM said that its 24,000 TEU ship, HMM St Petersburg, is operationally sound after colliding with an oil tanker near...

HMM’s delayed sale stalls head offices relocation

The difficulties in selling HMM and opposition from employees have apparently halted efforts to relocate South Korea’s flagship carrier’s headquarters from Seoul to Busan. For...

HMM profits soar in third quarter

HMM reported revenue of KRW 3,552 billion (US$2.5 billion), with a net profit of KRW 1,739 billion (US$1.25 billion) and an operating profit of...

FMC opens public comment on Premier Alliance agreement

The Federal Maritime Commission (FMC) has initiated 15 days for public comments on a recently filed vessel-sharing agreement among Ocean Network Express (ONE), HMM,...

Premier Alliance sets one-year leave notice period

The agreement for the launch of the Premier Alliance, which includes HMM, Ocean Network Express (ONE), and Yang Ming, has been filed with the...

Schedule Reliability Report: Maersk Leads the Pack, Wan Hai Lags Behind

In September, ocean carriers' global schedule reliability declined by 1.2%, compared to August levels, falling to 51.4%, according to the latest Sea-Intelligence's Global Liner...

HMM acquires more than 112,000 containers after lease amendment

South Korea’s flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea...

Premier Alliance discloses updates to its network

Premier Alliance, including HMM, Ocean Network Express (ONE) and Yang Ming, which will commence operations in February after the exit of Hapag-Lloyd from THE...

Harim Group chairman doesn’t back down from HMM acquisition plans

Harim Group chairman Kim Hong-kuk said at a press event on 16 October that his company would consider bidding for HMM again if another...
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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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