Hyundai Merchant Marine

Jaxport adding more global container services in 2025

A host of ocean container lines are adding the Port of Jacksonville, Florida, to their services in 2025.

The new calls come as Maersk and Mediterranean Shipping Co. (MSC) dissolve their 2M Alliance vessel-sharing agreement as of January.

Jaxport said in a release that three primary changes are taking place beginning in February 2025.

The Gemini Cooperation alliance between Maersk and Hapag-Lloyd will now call Jaxport as part of a new, direct service that also calls Cartagena, Colombia. Gemini will...

https://www.freightwaves.com/news/jaxport-adding-more-global-container-services-in-2025

COLUMN | Ammonia and LNG: toxic start to the new year for Fortescue, Equinor and the IMO? [Offshore Accounts]

Happy New Year to one and all, though one of the biggest challenges the marine, port, and bunkering industries will face in 2024 is the challenge of future fuels. You could do my job – the marine fuels op-ed primer Writing about the problems the marine industry faces is easy – you begin by stating...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-ammonia-and-lng-toxic-start-to-the-new-year-for-fortescue-equinor-and-the-imo-offshore-accounts/

Shipping boom hangover: When measuring markets gets tricky

chart showing container volumes vs. pre-COVID

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The double-digit declines keep piling up for container shipping.

The Port of Long Beach said Friday...

https://www.freightwaves.com/news/shipping-boom-hangover-when-measuring-markets-gets-tricky

The need for co-operation when things heat up

Pictured: Len Phillips, general manager of Hyundai Merchant Marine Australia. Photo by Jim Wilson and the former Lloyd’s List Australia / Lloyd’s List DCN.

By Len Philips, General Manager, Hyundai Merchant Marine (Australia)

There is no doubt the last 12 months has made its impact on all parts of the supply chain. From manufacturing inputs to retail distribution, the pressure on all sectors relating to logistics management has been amplified by unique issues created by the Covid -19 pandemic.

While...

https://www.shippingaustralia.com.au/the-need-for-co-operation-when-things-heat-up/

Οι Κορεάτες της ΗΜΜ ψηφίζουν Πειραιά

Ενα από τα μεγαλύτερα πλοία της κορεατικής εταιρείας ΗΜΜ Co. Ltd. (Hyundai Merchant Marine) μεταφοράς εμπορευματοκιβωτίων κατέπλευσε στο εμπορικό λιμάνι του Πειραιά την περασμένη εβδομάδα. Πρόκειται για το «HMM Nuri», που στα κορεατικά σημαίνει «κόσμος».

Είναι το πρώτο από τα οκτώ πλοία της ίδιας σειράς που παραδόθηκε στην HMM φέτος στις 19 Μαρτίου και έχει δώσει το όνομά του σε όλη την κλάση των πλοίων του ίδιου σχεδιασμού που πρόκειται να ναυπηγηθούν στο μέλλον (Nuri-class design) λόγω των...

https://www.newmoney.gr/roh/palmos-oikonomias/nautilia/i-koreates-tis-imm-psifizoun-pirea/

HMM Orders Twelve 13,000 TEU Container Ships For US$1.57 Billion From DSME

HMM's Twelve 24,000 TEU Ships Fully Laden With Containers

HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering(DSME) and Hyundai Heavy Industries(HHI) for twelve 13,000 TEU container vessels, at a total cost of USD 1.57 billion.

Representation Image – Credits: hmm21.com

Under the agreement, DSME and HHI will build six vessels, respectively, scheduled for delivery in the first half of 2024. All ships will be installed with hybrid scrubbers and designed to be LNG-ready.

An HMM official said, “Our newly ordered containerships...

https://www.marineinsight.com/shipping-news/hmm-orders-twelve-13000-teu-container-ships-for-us1-57-billion-from-dsme/

HMM makes billion-dollar turnaround from loss to record profit

The COVID-19 pandemic proved good for business for the world’s ocean carriers. 2020 was very good for South Korea’s HMM, which announced Tuesday a billion-dollar turnaround to record its highest operating profit ever.

Highest ever says a lot considering HMM, formerly known as Hyundai Merchant Marine, has been around for more than 40 years. 

And then there’s the huge shift in profit. Operating profit in 2020 was $831.1 million — up more than $1 billion from the loss of $254 million in 2019. Net...

https://www.freightwaves.com/news/hmm-makes-billion-dollar-turnaround-from-loss-to-record-profit

Port of Houston lands new direct Asia service

Port Houston will be the first U.S. port of call in THE Alliance’s new direct Asia service.

The trans-Pacific EC6 service will begin in Kaohsiung, China, and reach the U.S. Gulf Coast through the Panama Canal.

“We are very excited about the start of this new service by THE Alliance. It offers our regional exporters and importers new options,” Port Houston Executive Director Roger Guenther said in a statement.

The EC6 service will call the Chinese ports of Hong Kong, Yantian, Ningbo, Shanghai and...

https://www.freightwaves.com/news/port-of-houston-lands-new-direct-asia-service

HMM’s 12th 24,000-TEU to Carry Cargo

  • Contract signed in 2018 fulfilled, and all massive vessels carrying cargo. 
  • HMM expects to take delivery of eight 16,000-TEU container ships in the second quarter of 2021. 

HMM’s 12th 24,000-TEU container ship en route to Rotterdam writes, Kim Link-Wills, Senior Editor for the American Shipper.

HMM said all 12 of its 24,000-twenty-foot equivalent unit (TEU) container ships are now carrying cargo.

Estimated Arrival Time

The last of the series, the HMM St. Petersburg, departed the Port of Yantian...

https://mfame.guru/hmms-12th-24000-teu-to-carry-cargo/

HMM’s 12th 24,000-TEU container ship en route to Rotterdam

HMM said all 12 of its 24,000-twenty-foot equivalent unit (TEU) container ships are now carrying cargo.

The last of the series, the HMM St. Petersburg, departed the Port of Yantian in China with 19,529 TEUs on board on Wednesday. The St. Petersburg will transit the Suez Canal en route to the Port of Rotterdam, the Netherlands, with an estimated arrival on Oct. 23. 

“This is a major milestone for us to expand our presence in the global market in close cooperation with THE Alliance,” HMM President...

https://s29755.pcdn.co/news/hmms-12th-24000-teu-container-ship-en-route-to-rotterdam

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