South Korea

South Korea

14 Aug 2019
It has been several years since Seoul-based container carrier HMM has managed to report a quarterly profit, and the second quarter of 2019 was no different.
A steel mill.
07 Sep 2018
To say that the Trump administration’s steel tariffs and quotas have upset the global steel market would be an understatement, as nations who have hit their quotas are scrambling for new markets, and US importers are searching for new sources of affordably priced steel.
An Evergreen ship.
15 Aug 2018
The new vessels, accounting for almost 44 percent of its current fleet, will boost the Taiwan carrier’s order book to 74 ships.
HMM/
14 Aug 2018
Hyundai Merchant Marine, which recently announced its withdrawal from the Trans-Atlantic trade, said it expects higher freight rates and load factors through the third-quarter peak season but cautioned cargo volume is likely to fluctuate due to “changes in [the] international situation.”
An APL container ship.
11 Apr 2018
Shippers looking to send goods from Latin America west — especially from Mexico — to China and the Far East, and in the other direction, have a growing list of options after the launch of three new services.
HMM.
10 Apr 2018
The new order for mega-ships gives Hyundai Merchant Marine the container shipping industry's third-largest orderbook.
An HMM container ship.
02 Apr 2018
Hyundai Merchant Marine will sign an agreement to cooperate with Sinokor Merchant Marine and Heung-A Shipping for intra-Asia routes to facilitate the anticipated merger of the latter two companies’ container shipping operations.
A container ship at sea.
15 Mar 2018
SM Line Corporation has again appealed to its larger compatriot rival Hyundai Merchant Marine to collaborate on trans-Pacific routes.
14 Mar 2018
One weekly service between South Korea and Vietnam has been cut, but it will have a negligible impact on the highly fragmented trade route.
28 Feb 2018
HMM says mega-ships will be ordered in the first half of 2018 but provided no info on the number of vessels or their sizes.
27 Feb 2018
Analysts are trying to figure out HMM's growth plans, with the South Korean carrier widely expected to place its mega-ship order.