COPENHAGEN : Danish maritime data analysis company Sea-Intelligence showed schedule reliability data through March 2023 in its latest report. March 2023 saw a further month-to-month gain in global
SEOUL : South Korea’s flagship carrier HMM has backed out of the Korea-Thailand Express (KTX) service which it was co sharing with its compatriot regional carrier Korea Marine
SEOUL : HMM announced that it plans to conduct field tests of an onboard carbon capture system(OCCS) for containerships along with SHI(Samsung Heavy Industries) and PANASIA in the
COPENHAGEN : Even though the shipping lines recorded 2022-FY Earnings Before Interest and Taxes (EBIT) of US$138 billion, minus CMA CGM, PIL, and MSC, there were visible indications
SEOUL : South Korea’s flagship carrier HMM had been given a gold rating by EcoVadis, a provider of business sustainability ratings. HMM achieved better results in the environment
SEOUL : HMM announced it was selected as the best-performing carrier, achieving the lowest carbon emission between Far East Asia and the U.S. West Coast in Q4 2022,
SEOUL : HMM’s two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2nd March that they will form an advisory group to
SEOUL : South Korea’s HMM is ordering nine 9,000 TEUs capacity boxships with methanol dual-fuelled engines from two South Korean yards. The orders worth a total of $1.12bn
SEOUL : South Korean container shipping company HMM saw its revenue rose 34.7% to US$14.57 billion in 2022, while its operating profit increased by 34.8% to US$7.8 billion.
The South Korean government is discussing the offloading of the state’s shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and Korea Ocean Business Corporation