HMM announces best-performing carrier, achieving the lowest carbon emission
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,
Korea Development Bank, Korea Ocean Business Corporation start sale process HMM
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
HMM to jump on the methanol-fuelled containerships worth of $1.12bn
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
HMM’s annual profits crosses US$7 billion
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.
South Korean government’s HMM stake sale to be outlined in 2022 first quarter
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
HMM hits US$1.95 billion record Q3 profit
The South Korean shipping company HMM has reported an astronomical spike of 9,239.8% in net profit of the third quarter of the year, compared to the same period
HMM to launch new Far East Asia- Latin America Service (FIL)
SEOUL : HMM announced that it will launch a new service connecting Far East Asia and Latin America to deliver a more comprehensive service. The new service is
HMM seafarers step up pay protest, and now office staff also vote to strike
SEOUL (!st September 2021) : At 8 pm Seoul time, seafarers working for Hyundai Merchant Marine (HMM) began a picket protest from two of the Korean flagship carrier’s ships
HMM seafarers call for strike, threaten move to MSC
HMM’s 453 seafarers’ union has voted overwhelmingly to go on strike after the company’s management rejected its demands for a generous salary increment. Over 92% of union members
HMM achieves record profits and increased volumes during 2021 H1
HMM has reported its highest operating profit in its history of US$2.06 billion in the first half of 2021 with a margin of 45.1%, while the company’s revenue
