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 ...

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 ...

HMM will invest 23.5 trillion won ($18 billion) by 2030, including 14.4 trillion won allocated for eco-friendly management, the nation’s largest shipping firm said Tuesday. The company also aims to ...

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% ...

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 ...