Hyundai Merchant Marine
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American Shipper
HMM makes billion-dollar turnaround from loss to record profit
Korean container carrier HMM expects equipment and capacity shortages to continue at least through the end of the first quarter.
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News
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,…
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American Shipper
HMM’s 12th 24,000-TEU container ship en route to Rotterdam
The South Korean carrier signed a contract for the ultra-large vessels in September 2018.
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American Shipper
Hyundai Merchant Marine reports increase in revenue, smaller loss
HMM had an increase in revenue and smaller loss in third quarter when compared to the same 2018 period.
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American Shipper
Container carriers still concerned about low sulfur fuel availability
If not enough 0.5% low sulfur fuel is available after Jan. 1. 2020 ships may resort to using more expensive 0.1% sulfur fuel used today…
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Container
Port Report: West Coast imports get July boost, but 2019 trends lower
Import volumes see best month in 2019, but year-to-date still lower.
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American Shipper
HMM trims second quarter loss, reports revenue increase of 12.8%
Hyundai Merchant Marine, South Korea’s largest container carrier, said it had a smaller loss in the second quarter this year than in the same period…
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Container
Port Report: Hyundai Merchant Marine starts off 2019 in the red
Hyundai Merchant Marine (KSE: 011200) started off 2019 much as it ended 2018, racking up losses. Despite a first quarter gain in volume that boosted…
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Container
CMA CGM makes clear it is part of container shipping tech group
A consortium to improve the technology used in container shipping just got larger with the addition of several big names in the liner business. The…
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Asia-Pacific
Port Report: Hyundai Merchant Marine head heads to Europe for Maersk and MSC sitdown
Korea’s only remaining container ship line may want to go beyond its slot sharing deal, but Western carriers wary on subsidized shipping.
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