HMM’s Annual Profit Dips 90% but Remains in Profit Territory
Hyundai Merchant Marine (HMM), South Korea's leading container carrier, saw its net profit for 2023 plummet by 90%…
Browsing Tag
HMM
HMM Privatization Deal Collapses as Harim Group Withdraws
South Korea's Harim Group has pulled out of a deal to acquire a majority stake in the country's largest container…
HMM Sale Faces Uncertainty as Deal Terms Stumble
Negotiations between the government and the preferred bidder, Harim Group, hit an impasse over terms and…
Container Carriers Introduce Varied ETS Surcharges to Offset EU Emissions Trading…
As the EU Emissions Trading System (ETS) is set to take effect on January 1, container carriers are unveiling a…
Final lap for Hyundai Merchant Marine (HMM) Acquisition
LX International Withdraws, Leaving Dongwon Industries and Harim Group in Final Lap for HMM Acquisition, according…
HMM: USD 70 Million Q3 Profit Amidst Industry Challenges
South Korean Shipping Giant HMM Faces Tough Quarter as Partial Privatization Unfolds amidst industry challenges,…
HMM to Secure Minority Stake in Polaris Shipping
HMM to Secure Minority Stake in Polaris Shipping in Landmark Deal, according to Korean media sources.
HMM Test Voyage with Sustainable Green Marine Biofuel
Blend 30% biodiesel derived from used cooking oil and 70% high-sulfur fuel oil (HSFO), HMM Test Voyage with…
COSCO’s Rise and ZIM’s Fall: Container Carrier Margin Rankings in Q2…
According to sources COSCO's Rise and ZIM's Fall: Container Carrier Margin Rankings in Q2 2023, overall shipping…
Hapag-Lloyd’s Foreign Bid for HMM Faces Backlash from South Korean Industry…
the Federation of Korea Maritime Industries (FKMI) and the Busan Port Development Association (BPDA) have raised…