Tag: HMM
HMM Suffers Steep Sales Losses In Q1
HMM suffered a steep decline in sales and profits in the first quarter as freight rates had been lowered to pre-pandemic levels, following its...
HMM Joins Takeover Bid To Buy Hyundai LNG Shipping
HMM will join a bid to acquire a 100 percent stake in Hyundai LNG Shipping after selling the LNG carrier operator to a local...
Methanol Madness: Why Container Ships Are Opting for This Eco-Friendly Fuel
Orders are being given out in a hurry. The most recent companies to put sizable orders for methanol-fueled new buildings are CMA CGM, COSCO,...
HMM To Trial Biofuels
Hyundai Merchant Marine (HMM) said the trial will begin H2 2023 and the fuel used will be made up of 30% biodiesel derived from...
HMM Cuts Carbon Emissions by 57% Since 2010
HMM, the South Korean flag carrier, reports that its vessels have reduced their carbon emissions by 57.7 percent between 2010 and 2021, reports AJOT.
The...
HMM To Trial Onboard Carbon Capture System
Hyundai Merchant Marine (HMM) plans to conduct field tests of an onboard carbon capture system (OCCS) for container ships along with Samsung Heavy Industries...
HMM Orders Three Car Carriers In Guangzhou
HMM, South Korea’s flagship carrier, is revisiting its past in a bid to diversify its fleet, says an article published on splash.
Price revealed
The company...
This Country Starts Privatization Process For The Biggest Shipping Line
State-run Korea Development Bank started a process to privatize HMM Co. as a global economic downturn provides an opportunity for fair valuation of the...
Korean Shipping Giant Places Order For 9 Methanol-Fueled Boxships
Korea's top container shipper HMM on Tuesday signed a 1.41 trillion-won ($1.1 billion) deal with two local shipbuilders to build nine methanol-propelled container ships...
Korean Majors Forge Alliance To Develop Nuclear-powered Ships
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships, reports Lloyd's List.
The Memorandum of...