HMM’s operating profit plunged nearly 80 percent in this year’s third quarter compared to a year earlier due to decreased shipping rates and increased U.S. tariffs. HMM posted 2.71 trillion won ($1.84 ...

South Korean shipping company HMM has announced the delivery of the HMM Garnet, the first in a series of twelve 13,000 TEU containerships. The ship, which is LNG-ready and designed with advanced ...

HMM is continuing its efforts to diversify its shipping operations, with a focus on growing its bulk shipping segment to provide more stable ...

More than half HMM’s 600-strong seafarer workforce have quit following management refusal to meet pay demands. Some 453 staff voted in the seafarers’ union strike ballot last weekend, more than 90% ...

HMM signed a long-term transport contract worth 430 billion won with Vale, Brazil's largest mining company. HMM, which is expanding its bulk fleet, has signed back-to-back transport contracts with ...

HMM said Tuesday it signed a 4.7 trillion won ($3.5 billion) long-term shipping contract with Vale, Brazil’s major mining company. Under the agreement, HMM will deploy eight 210,000-ton Newcastlemax ...

Korea has quietly begun exploring the steps to privatize the country’s largest shipping company HMM. According to reports in the Korean media, the state-run Korea Development Bank met with potential ...

South Korean ocean carrier HMM held a naming ceremony for the newly constructed 24,000 TEU-class containership HMM Algeciras, the world’s largest containership, at the Daewoo Shipbuilding & Marine ...

South Korean shipping company HMM said all 12 of its new 24,000 TEU containerships—the world's largest—have each made their maiden voyages fully laden with containers. On September 31, HMM St.