South Korean container shipping firm HMM has unveiled an $11.4bn (KRW15t) investment plan as part of its future growth strategy.
The funding will be used by the firm for several initiatives across core assets, such as ships, terminals and logistics facilities, from this year to 2026.
HMM’s plan will mainly focus on five categories, including a container and bulk business strategy that will cover the expansion of its containerships fleet capacity from the current 820,000 TEU to 1.2 million TEU by...
https://www.ship-technology.com/news/south-korea-hmm-driving-growth/