Tag: HMM
Containerlines Register Improved Profits With Rising CCFI Index
Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to...
HMM Makes Profit Despite U.S.-China Conflict and Covid-19
HMM swung to net profit last year on increased shipping price.
HMM, Korea’s largest and the world’s eighth-largest shipper, reported 6.41 trillion won...
Container Scheduled Reliability Has Declined To Its Lowest Levels
Global container service scheduled reliability has declined to its lowest levels since records began, according to new data from SeaIntelligence Consulting, says an article...
Carriers Resort To Blank Sailings As Equipment Shortage Ends
According to a LoadStar report by Mike Wackett, ocean carriers are to cancel several headhaul sailings to North Europe around the Chinese New Year...
HMM’s First Extra Loader in Korea-Europe Route
On Jan 27, HMM announced that it will deploy its first extra loader on the Korea-Europe route on Jan 31 to help Korean companies...
KDB Planning To Sell HMM To POSCO
The largest shareholder of HMM, Korea Development Bank (KDB) is planning to sell off HMM (formerly known as Hyundai Merchant Marine) to POSCO, to...
HMM Deploys 9th Extra Loader Amid Demand Surge
HMM recently deployed an extra loader to transport export products from South Korea to the United States amid surging vessel demand, says HMM’s LinkedIn...
Carriers Forced To Conclude Fixtures Months Into The Future
The absence of open containerships on the charter market has resulted in carriers being forced to conclude fixtures months into the future, says an...
Global Shipping Prices Continue To Rise Impacting Supply Chains
As the new year gets underway, sky-high global shipping prices are continuing to rise, impacting cross-border fruit and vegetable supply chains, says an article...
HMM Seeks To Be A Logistics Service Provider Like Maersk
According to a LoadStar article written by Mike Wackett, South Korean carrier HMM is looking to follow some of its peers and transform itself...