HMM to acquire back majority ownership in the Hyundai Pusan New-Port Terminal that was sold off in 2016.
https://worldmaritimenews.com/archives/267162/hmm-taking-back-majority-stake-in-busan-terminal/
Hyundai Merchant Marine
HMM: Nothing Has Been Decided Yet on 2M Alliance
HMM hasn’t made a final decision on the potential departure from its alliance with 2M carriers.
https://worldmaritimenews.com/archives/265988/hmm-nothing-has-been-decided-yet-on-2m-alliance/
Drewry: Competitive Landscape Could Change Completely in the Liner World
Global carriers are starting to distinguish themselves with new corporate strategies.
HMM Fully Confident That Its New Mega Boxships Will Be Filled Up
HMM dismisses claims that it won’t be able to fill up the mega containerships.
Buoyant HMM unveils ambitious market share target with new ULCVs
South Korean container carrier Hyundai Merchant Marine (HMM) is targeting a 7% market share in the major deepsea east-west trades as it prepares to take delivery of 20 new ultra-large container vessels (ULCVs).
And it sought to reassure investors and customers alike that, after seeing increased volumes in its network over the past couple of years, it would have little problem filling the new capacity.
“We see 7% market share in east-west trades …
The post Buoyant HMM unveils ambitious market...
https://theloadstar.co.uk/buoyant-hmm-unveils-ambitious-market-share-target-new-ulcvs/
Increased Bunker Cost Widens HMM’s Loss
Hyundai Merchant Marine widened its loss in the third quarter of 2018 as bunker cost climbed up.
https://worldmaritimenews.com/archives/264695/increased-bunker-cost-widens-hmms-loss/
Capital Product Partners to Fit Up to 14 Ships with Scrubbers
Capital Product Partners is planning to install scrubbers on up to 14 of its larger vessels.
HMM Targets USD 10 Bn in Annual Revenue by 2022
HMM targets building up its capacity to 100 million TEUs and posting USD 10 billion in annual revenue by 2022.
https://worldmaritimenews.com/archives/263558/hmm-targets-usd-10-bn-in-annual-revenue-by-2022/
HMM unveils ambitious plan to double box ship capacity with new ULCVs
South Korean ocean carrier Hyundai Merchant Marine (HMM) has prepared an ambitious blueprint for expansion, aiming to double its current capacity over the next four years.
The bullish message to staff from HMM’s chief executive, CK Yoo, last week reinforced the South Korean government’s determination to do “whatever it takes” to support its flag-carrier after the national disgrace of Hanjin Shipping’s demise in 2016.
Speaking to employees at its Seoul HQ last week, …
The post HMM unveils...
https://theloadstar.co.uk/hmm-unveils-ambitious-plan-double-box-ship-capacity-new-ulcvs/
HMM to Sell USD 883 Mn of Bonds to KDB
Hyundai Merchant Marine to sell KRW 1 trillion of bonds to state-owned Korea Development Bank.
https://worldmaritimenews.com/archives/263181/hmm-to-sell-usd-883-mn-of-bonds-to-kdb/