Tag: HMM
HMM Profits Plunge Nearly $2bn As Container Demand Drops
South Korean ocean carrier HMM has said that its third-quarter revenue decreased by 58% to US$1.6 billion, reports Container News.
At the same time, the...
Improvement In Container Vessel Delays Yet Challenges Persist
Vessel delays and terminal congestion are easing, though challenges persist. According to Sea Intelligence's analysis in issue 566 of the Sunday Spotlight, while 10.5%...
HMM: In the Absence of a Suitable Buyer, KDB Chief Declares...
HMM: no sale if the right buyer can't be found, says KDB chief, mentions a Loadstar news source.
HMM would not be sold
Korea Development Bank...
HMM To Open Fastest Shipping Route from S.Korea To Indonesia
South Korea's HMM Co. said it will open a direct route connecting Busan with the Indonesian cities of Jakarta and Surabaya, reports KED Global.
Intra-Asia...
Dongwon Founder Promises to Buy Top Container Line HMM
Dongwon founder vows to acquire Korea’s top container line HMM, highlights a Kedglobal news source.
‘The acquisition of HMM is the last dream of my...
Fuel Oil Premiums Soften Ahead of October Tenders
Featuring the latest developments in cash premiums, tenders, and innovative biofuel bunkering trials. The xm source.
Fuel oil premiums soften ahead of October tenders,...
Major Maritime Insurers Join Cargo Safety Initiative
Safetytech Accelerator confirms that major UK maritime insurers, the UK P&I Club and TT Club have signed up for its Cargo Fire & Loss...
South Korean Business Organisations Criticise Hapag-Lloyd’s Bid for HMM
South Korean industry groups slam Hapag-Lloyd bid for HMM, highlights a Loadstar news source.
German liner operator Hapag-Lloyd
The Federation of Korea Maritime Industries (FKMI) and...
Evergreen Temporarily Loses Ground In TEU Rankings
Taiwanese ocean carrier Evergreen has lost the sixth spot in the global liner rankings by Singapore-headquartered Ocean Network Express (ONE), according to the latest...
Germany Based Hapag-Lloyd Considering Acquisition Of HMM
Hapag-Lloyd, based in Germany and the fifth-largest shipping company in the world, is currently considering participating in the acquisition bid for Hyundai Merchant Marine...