Hyundai Merchant Marine News
HD Hyundai Marine Solution has signed an agreement with Greek operator - Neptune Lines Shipping and Managing Enterprises SA to provide Engine Part Load Optimisation (EPLO) services for four car carriers. HD Hyundai Marine Solution partnered with Accelleron to launch the EPLO service, receiving the first order for one ship in October 2023. Fuel efficiency and performance Most marine engines are built to provide optimal fuel efficiency and performance for the speed and environment for which the...
HMM announced that it has signed newbuilding contracts with Hyundai Samho Heavy Industries (HSHI) and HJ Shipbuilding and Construction (HJSC) for nine 9,000 TEU containerships powered by methanol dual-fuel engines. In July 2022, HMM unveiled a mid-to-long-term strategy to leap forward to be a global top-rated shipping and logistics company through enhancing fleet competitiveness. Methanol-powered containerships HMM has taken an initial step towards expanding its eco-friendly fleet using alter...
HMM has announced that the company has signed a Memorandum of Understanding (MoU) with PANASIA to collaborate on onboard carbon capture system for vessel application. Onboard carbon capture system is an advanced technology to capture CO2 (carbon dioxide) from greenhouse gas (GHG) emissions generated during vessel operation, ensuring it is not emitted into the atmosphere. This solution has the potential to play a significant role in reducing CO2 emissions. HMM and PANASIA sign MoU Under the te...
HMM announces that it has acquired ISO 45001, internationally-recognized certification in the field of safety and health management, from the Korean Register (KR). ISO 45001 is the first international standard for safety and health management systems, established in 2018 by the International Organization for Standardization (ISO). HMM has demonstrated its comprehensive efforts and organisational capabilities by preventing risk factors and industrial accidents in the workplace. ...
In addition to the network adjustments, the members of THE Alliance will also revise their Transatlantic Network for 2021 to offer customers a more stable network to cater to the growing market demand. The setup of THE Alliance’s network has been evaluated and reconfigured to offer a more focused product with further improved reliability while keeping the existing wide range of port coverages. Restructuring of the Transatlantic services’ set up will commence from Q2 of 2021. Rotati...
The members of the Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming welcomes Hyundai Merchant Marine as a new core member of THE Alliance. With the FMC acceptance of HMM membership, the Alliance offers an attractive upgraded product package and it will be launched around April 1st, 2020. Based on the existing comprehensive network of the Alliance, the newly enhanced product package will offer increasing frequency particularly from South East Asia, as well as new direct port coverage...
In response to the COVID-19 pandemic, the members of the Alliance have continuously been adapting their resources to match the moving demand of the global shipping market. The details on the January 2021 updates are as follows: Asia and North Europe FP1, FP2. FE2, FE3 will maintain weekly sailings in January. The Alliance will continue the FE4 Extra Loader Program in January. Participation in the Extra Loader Program will be separately advised by respective Lines. Asia and the Mediterranean...
HMM announced that its entire twelve 24,000 TEU containerships have been filled with cargoes on their first voyage. On 30 September 2019 HMM St. Petersburg, the last of the 24K-class series, departed for Europe from the Port of Yantian, China with 19,529 TEUs loaded on board. Maiden voyage Consequently, all 24,000 TEU ships delivered by HMM have made their maiden voyage with a full load of cargoes, starting with HMM Algeciras which carried a total of 19,621 TEUs last May. In particular, HMM A...
HMM announced that the company has decided to stop using the name ‘Hyundai Merchant Marine’ as its official corporate name and brand, starting on 1 April 2020. The decision was approved at the 44th Annual Shareholders Meeting of the company, which was held at HMM headquarters, in Seoul, South Korea, on 27 March. The name ‘Hyundai Merchant Marine’ has been used for 37 years, since the company changed its name from the ‘Asia Merchant Marine’ in 1983. ‘HMM...
The members of the Alliance, Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express, and Yang Ming announced updated details of the 2020 Service Network, focusing on the Asia-Middle East trade lane. The Alliance will introduce three newly organised express loops from early April and these services will provide higher frequency, direct and expanded coverage, and the fastest connection from the respective regions. Asia and the Middle East AG1 Ningbo – Kaohsiung – Xiamen &ndas...
The South Korean container liner shipping company Hyundai Merchant Marine (HMM) will join THE Alliance as a full member. Through this, the members of THE Alliance have also decided to establish new cooperation with four members and a term until 2030. The actions were agreed upon in Taipei on 19 June 2019. Subject to the necessary regulatory approvals, the new contract between the four lines will start on 1 April 2020. New and modern vessels HMM has ordered twelve 23,000 TEU vessels which will...
Members of THE Alliance, Ocean Network Express (ONE), Hapag-Lloyd, and Yang Ming announced a fourth member, Hyundai Merchant Marine (HMM), a South Korean container liner shipping company to join The Alliance as a full member. Through this, the members of THE Alliance have also decided to establish a new cooperation with four members and a term until 2030. The actions were agreed in Taipei on 19 June 2019. Subject to the necessary regulatory approvals, the new contract between the four lines wil...