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HMM purchasing five container vessels from Capital Group

Container News Team - 0
South Korea’s flagship carrier HMM is in the process of buying five 5,000 TEU ships that it had been chartering from Capital Clean Energy...
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HMM unveils its new investment strategy

Antonis Karamalegkos - 0
HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and proceed with global green initiatives. Under the sustainable growth plan,...
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HMM follows MSC and CMA CGM, turning to pre-owned boxships

Container News Team - 0
High charter costs have made HMM join two giant ocean carriers MSC and CMA CGM in buying elderly secondhand feeder ships. HMM’s spokesperson told Container...
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HMM, ONE, Yang Ming continue as Premier Alliance, partner with MSC on slot exchange

Antonis Karamalegkos - 0
Following the decision by Hapag-Lloyd and Maersk to exit their current alliances and form a new partnership, the Gemini Cooperation, questions arose regarding the...
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Liner operators’ margins hit post-Covid peak

Container News Team - 0
Alphaliner’s report today (4 September) stated that margins for the nine largest liner operators topped 20% in Q2 2024, the highest since the Covid-19...
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HMM achieves growth in first-half revenue and profits

Antonis Karamalegkos - 0
South Korea's major container line HMM has posted significant gains in first-half revenue and profits. In particular, HMM reported a year-on-year 18.6% growth in its...
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Yang Ming vessel explosion reportedly linked to HMM-booked container

Container News Team - 0
The container that exploded on Yang Ming's ship YM Mobility on 9 August was reportedly booked by the Taiwanese operator’s fellow THE Alliance member...
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HMM and KORAIL team up for eco-friendly intermodal transportation

Antonis Karamalegkos - 0
HMM has signed a Memorandum of Understanding (MoU) with Korea Railroad Corporation (KORAIL) to enhance inland rail transportation. The agreement covers utilizing domestic rail infrastructure...
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Tussle between HMM and Samsung escalates

Container News Team - 0
The legal wrangling between South Korea's flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics' US branch filed a complaint...
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HMM, ONE launch new Far East Latin America Express service

Ioanna Kontos - 0
HMM and Ocean Network Express (ONE) will introduce an enhanced service connecting Far East Asia with Latin America. This new product, named Far East-Latin America...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
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...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
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...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
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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