South Korean carrier Hyundai Merchant Marine posted an operating loss of $595 million for 2016, as it enjoyed its largest quarterly revenue of the year.
Kambara-kisen signed the contract with a service provider 'CyberLogitec Co.,Ltd.' (Seoul, Korea) for Japan's AFR*.
13 Dec 2016
HMM failed to gain membership of the 2M Alliance, but the slot-sharing deal it signed up to will see the Korean carrier paying a heavy price.
17 Nov 2016
The South Korean government is looking to the country's large multinational exporters to take a major role in turning around the fortunes of its struggling shipping sector.
16 Nov 2016
Hanjin Shipping spiraled closer to insolvency in the third quarter as Hyundai Merchant Marine turned a profit for the second straight three-month period as they plan for the future.
01 Nov 2016
The judge hearing Hanjin Shipping bankruptcy motions in the United States has rejected a request by retailer Ashley Furniture to set up an “administrative freeze” on freight payments it owed to the carrier.
28 Oct 2016
Hyundai Merchant Marine is one of five bidders for the trans-Pacific and intra-Asia networks of bankrupt Hanjin Shipping.
25 Oct 2016
A federal judge on Tuesday allowed a chassis company to terminate leases with Hanjin Shipping.
21 Oct 2016
Creditors of Hanjin Shipping have just four days to make a claim against the troubled carrier.
20 Oct 2016
The court is hearing issues related to the bankruptcy filing by Hanjin Shipping, which left its more than 90 ships and 500,000 containers around the world in limbo.
20 Oct 2016
A Hanjin ship just released from arrest outside the Panama Canal is one of two expected to stop at the Port of New York and New Jersey in the next week.
19 Oct 2016
The attorney for a fuel company with a lien for services provided to a ship operated by Hanjin Shipping has accused attorneys for the carrier of failing to report when the charter for the vessel was terminated.