HMM is currently discussing the final procedures, such as employment succession, with a goal of completing the acquisition of some business divisions from SK Shipping by June. According to the ...
There is speculation that HMM, which aims to increase its bulk carriers, could resume its bid to acquire Polaris Shipping. HMM plans to invest 5.6 trillion won to expand its bulk fleet from 38 ships ...
The two largest creditors of Korea's biggest shipping company, HMM, decided to exercise their stock conversion rights for 100 billion won ($73 million) worth of 30-year maturity hybrid bonds of the ...
HMM CEO Kim Kyung-bae, left, and S-Oil President Park Bong-soo take a photo after signing a crude oil shipping contract on Monday at the oil refiner's headquarters in Mapo District, western Seoul.
Korea Times says that Hyundai Merchant Marine (HMM) will join a new global shipping alliance, as the cash-strapped shipper has successfully reached a debt-rescheduling deal with its bondholders. HMM ...
South Korean shipping company Hyundai Merchant Marine (HMM) has become the fourth company to join The Alliance, a group of ocean carriers who are pooling resources deliver better quality, be more ...
HMM’s operating profit plunged nearly 80 percent in this year’s third quarter compared to a year earlier due to decreased shipping rates and increased U.S. tariffs. HMM posted 2.71 trillion won ($1.84 ...
The shipping industry continues to be the target of cybercriminals, with South Korea’s HMM becoming the latest major carrier to report an attack on its systems. HMM, however, reports that it has so ...
The decision is affected by the government's push to keep Korea's largest domestic liquefied natural gas shipping company under the control of a Korean company rather than a foreign corporation. Gov't ...
South Korean shipping company HMM announced it has ordered nine 9,000 TEU containerships capable of running on cleaner burning methanol. The $1.12 billion newbuild contracts were signed with South ...