Tag: HMM

HMM has signed a Memorandum of Understanding (MoU) with GS Caltex to secure marine biofuels in order to conduct the trial use of the fuels on its three 24,000 TEU container ships in the second half of this year.

HMM has signed an MoU (Memorandum of Understanding) with LOTTE Fine Chemical which covers the bunkering of ammonia and methanol fuel.

HMM announced today that it plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships along with SHI (Samsung Heavy Industries) and PANASIA in the second half of this year.

Hyundai Samho Heavy Industries Co. and HJ Shipbuilding & Construction Co. (HJSC) have ordered seven and two MAN B&W G80ME-LGIM dual-fuel engines in connection with the construction of 9 × 9,000 teu container vessels for HMM Co.

Korea Development Bank (KDB) has officially kicked off procedures to sell the management right of HMM, a global shipping and logistics company. As KDB Chairman Kang Seog-hoon pledged to expedite the sale of the shipping firm, HMM's privatization process is expected to be carried out in a speedy manner.

HMM Co., South Korea’s container shipper has signed an agreement with marine waste management company Foresys to establish a circular environment system using discarded mooring ropes. HMM generates about 20 tons of waste from worn-out mooring lines every year, which have been sent to landfills or incinerated as waste.

Safetytech Accelerator launches collaborative technology acceleration initiative with Evergreen Line, HMM, Lloyd’s Register, Maersk, the Offen Group, ONE (Ocean Network Express) and Seaspan as Anchor Partners aiming at reducing cargo fires and losses overboard.

HMM has placed a $1.2 billion order with Hyundai Samho Heavy Industries(HSHI) and HJ Shipbuilding and Construction(HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines

Korean major shipping lines including HMM, Sinokor and H-Line Shipping have partnered to move forward with plans to develop nuclear-powered merchant ships.

HMM signed a Memorandum of Understanding (MoU) with PANASIA to collaborate on onboard carbon capture system for vessel application.