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HMM proceeds with onboard carbon capture and storage initiatives

Ioanna Kontos - July 2, 2024 0

In pursuit of its 2050 carbon neutrality goal, HMM is actively advancing multiple initiatives, including the installation and demonstration of an Onboard Carbon Capture...

News

US FMC designates HMM as state-controlled carrier

Ioanna Kontos - July 2, 2024 0

The United States Federal Maritime Commission (FMC) designated HMM as a controlled carrier of the Government of the Republic of Korea and added it...

HMM introduces new rate increase from India to Mediterranean

Container News Team - June 19, 2024 0

HMM India has announced a new General Rate Increase for shipments from India to North Continental Port and Mediterranean ports. The Indian branch of the...

News

HMM and IKEA forge alliance to advance ocean transport decarbonization

Ioanna Kontos - June 11, 2024 0

HMM and IKEA Supply Chain Operations have entered into an agreement to utilize HMM's 'Green Sailing Service', a low-carbon ocean transport solution aimed at...

News

HMM’s methanol-powered ships to ply world’s first green shipping route

Ioanna Kontos - May 23, 2024 0

South Korea is pursuing an ambitious project to launch the world's first green shipping route. And 9,000 TEU methanol-fueled container ships being built by...

Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Container News Team - May 22, 2024 0

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...

Services

HMM and SM Line cooperate on Transpacific lane amid alliance shuffle

Container News Team - May 14, 2024 0

South Korean liner operators HMM and SM Line are working together on long-haul routes for the first time. On 13 May, SM Line said that...

HMM reports strong first quarter financial results

Antonis Karamalegkos - May 14, 2024 0

South Korea's major ocean carrier HMM achieved increased revenue and profits in the first quarter of the year. In particular, the company reported US$1.7 billion...

News

Shift in box lines’ strategy to owned tonnage

Container News Team - May 8, 2024 0

Liner operators have been increasing the proportion of owned to chartered ships in their fleet as the Covid-19 pandemic made them cash-rich amid rising...

News

HMM adopts AI safety monitoring system

Container News Team - April 29, 2024 0

South Korean major ocean carrier HMM has unveiled plans to use an artificial intelligence (AI) video analysis solution, DeepEyes, to enhance safety management aboard...

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