HMM informed that the world’s largest containership, ‘the Algeciras,’ achieved a new world record by departing Yantian, China fully filled with containers.
South Korean shipping company HMM revealed plans to start deploying underwater robots for hull cleaning on its vessels. This is expected to reduce risks associated with human work underwater, reduce costs, as well as risks linked to hull fouling for the marine ecosystems.
With Hyundai Merchant Marine (HMM) entering THE Alliance as a new full member, an expanded service network for 2020 is welcoming the South Korean shipping company. Specifically, THE Alliance members are planning to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM.
Geopolitical instability and oversupplied market are continuing situations in the new year that may obstruct a positive outlook, says Hyundai Merchant Marine (HMM) president and CEO, Jae-hoon Bae, In his New Year message for 2020.
Hyundai Merchant Marine (HMM) will be the fourth member, besides Hapag-Lloyd, Ocean Network Express (ONE) and Yang Ming, to join THE Alliance. The members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030. The actions were agreed in Taipei on 19 June 2019. The new contract between the four lines will begin on 1 April 2020.
South Korean shipping company Hyundai Merchant Marine (HMM) announced today the launch of its new Corporate Identity, in a bid to reflect its vision and ambition for the future, according to HMM CEO Jae-hoon Bae.
The new CEO of South Korean shipping company Hyundai Merchant Marine wants to improve relations with Maersk and the Mediterranean Shipping Company of the 2M alliance. For this reason, Jae-hoon Bae will visit the two companies to strengthen their ties. Currently, the company has an agreement to swap container space with Maersk and MSC on trades between the Far East and US, which will expire in a year.
South Korean HMM announced that it will expand cooperation with Russian transportation group FESCO. With the expansion of cooperation, the current China-Korea-Russia weekly service will be reorganized and two of new direct services connecting Korea and Russia.
Finnish technology provider Valmet said it will supply scrubbers for seven new building container vessels, to be built by DSME for South Korean shipping company Hyundai Merchant Marine. The container ships will be the largest in the world, with over 23,000 TEUs each.
As part of its efforts to comply with the 2020 sulphur cap, South Korean shipping company HMM announced the signing of a memorandum of understanding (MoU) to establish a win-win fund for scrubber installation and to seek cooperation in the shipping-related industries.
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