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HMM (company)
HMM Company Limited, formerly known as Hyundai Merchant Marine, is a South Korean container transportation and shipping company.
Overview
HMM moves the largest portion of South Korea's exports, becoming the number one Korean national container carrier, especially since Hanjin Shipping was declared bankrupt and ordered to be liquidated. The company's office network is composed of four international headquarters, 27 subsidiaries, 76 branches, five overseas offices and 10 liaison offices. On the domestic market, HMM transports strategic materials such as crude oil, iron ore/coal and diverse special products as well as import/export goods. Earnings are eight trillion Korean won per year. As of 2020, HMM has built and launched the world's two largest container ships in terms of TEU capacity, the HMM Algeciras with a maximum TEU capacity of 23,964, and the HMM Copenhagen with a maximum capacity of 23,820 TEU. In December 2023, HMM sale fell through when negotiations with the preferred bidder, Harim Group, finally broke down.
THE Alliance - Premier Alliance
Along with Hapag-Lloyd, Ocean Network Express, and Yang Ming Marine Transport Corporation, HMM is a member of THE Alliance. THE Alliance is intended to provide 34 services, directly calling at 81 different ports on a monthly basis. From February 2025, THE Alliance shall be replaced by Premier Alliance, composed by the same members, excluding Hapag-Lloyd.
History
Hyundai Merchant Marine
1970s 1980s 1990s 2000s 2010s 2010s
HMM Co., Ltd.
2020s
Fleet
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