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Tag Archives: HMM

ALLIANCE SHAKE-UP: HMM leaves 2M for THE Alliance

PortandTerminal.com, July 1, 2019 South Korean line HMM has agreed to join THE Alliance, becoming the fourth member of the liner alliance set up by Hapag-Lloyd, Ocean Network Express and Yang Ming in 2016 South Korean container shipping company HMM will become a full member of container alliance THE Alliance. HMM has been in a strategic partnership with Maersk’s 2M …

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Shipping company HMM racks up a $720m annual loss

February 14, 2019, PortandTerminal.com Seoul, South Korea – South Korean flagship carrier HMM has revealed a net loss of KRW808bn ($720m) for the full financial year, marking it out as one of the biggest losers among the world’s top 10 liners. Analysts at box watchers Alphaliner described HMM’s results as “dismal” in their latest weekly report. HMM, which went through …

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