HMM announced a plan on the 22nd to enhance corporate value, which includes returning more than 2.5 trillion won to shareholders through dividends and share repurchasing and canceling within a year.

HMM signed a long-term transport contract worth 430 billion won with Vale, Brazil's largest mining company. HMM, which is expanding its bulk fleet, has signed back-to-back transport contracts with ...

HMM’s operating profit this year is projected to surpass 800 billion won ($732 million) after shipping costs increased in recent months, potentially putting the company in the black for the first time ...

HMM Co., South Korea's largest shipping firm, said Thursday its management and labor union have agreed to relocate the ...

South Korean shipping company HMM said all 12 of its new 24,000 TEU containerships—the world's largest—have each made their maiden voyages fully laden with containers. On September 31, HMM St.

Unionized workers at HMM are clashing with management over wage increases, as the shipping company's 2021 operating profit is expected to reach 5 trillion won. The state-run Korea Development Bank ...

HMM shares dropped more than 6 percent during intra-day trading on Tuesday following the Monday announcement by Korea Development Bank (KDB) – its state-run lender – that it would exercise its ...

This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. HMM, Ocean Network Express — known as ONE — and ...

Hyundai Merchant Marine (HMM) has rolled out an early retirement program for employees aged 50 and older in another apparent cost restructuring measure from an ocean carrier. South Korean publication ...

The union representing HMM’s land-based employees filed a complaint with the Ministry of Employment and Labor against CEO Choi Won-hyok of the nation’s largest container shipping firm, accusing ...