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HMM

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HMM’s net profit hits 2.9 trillion won in the second quarter

portnews -
HMM reported a net profit of 2.9 trillion won ($2.2 billion) in the second quarter, surging 1,293.4 percent on year helped by higher freight...
Companies

Another profitable quarter, but HMM sees ‘considerable uncertainties’ ahead

portnews -
South Korea’s national flagship carrier, HMM, reported a net profit of $2.24bn in the second quarter, for a $4.62bn half-year result – but is...
Companies

HMM records its largest profit ever – expects higher bunker prices in 2022

portnews -
South Korea’s HMM joins the group of container carriers finishing 2021 with record results. The shipping line expects significantly higher bunker prices in 2022....
Companies

HMM sets new record but expects more challenging market ahead

portnews -
The first half of 2022 provided HMM with its largest revenue and profit to date. But ahead waits a market with squeezed demand, whereas...
Companies

HMM to Expand Capacity from 820,000 TEUs to 1.2mn TEUs by 2026

portnews -
HMM, the nation’s largest shipping company, plans to expand its capacity from the current 820,000 TEUs to 1.2 million TEUs by 2026 and invest...
Companies

HMM Plans $11 Billion Investment for Growth and Diversification

portnews -
South Korea’s largest container shipping company HMM has become the latest carrier to announce growth plans fueled by the two-year surge in the container...
Companies

SM Line Increases Stake in HMM, Fueling Takeover Speculation

portnews -
SM Line has expanded its hold on HMM after buying more shares, leaving the market to wonder if the rival South Korean ocean-going liner...
Companies

SM Line denies merger plan but expands HMM shareholding

portnews -
  SM Line has expanded its hold on HMM after buying more shares, leaving the market to wonder if the rival South Korean ocean-going liner...

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