HMM in the news

HMM employees engaged in multiple social contribution activities including donation drives, making infant sleep vests, and a step challenge raising funds for low-income children.

The Busan Bar Association welcomes major shipping companies moving headquarters to Busan and urges establishing a maritime court there to support South Korea's maritime industry.

HMM is actively expanding employee-driven social contribution activities at year-end, including donations and community support programs.

The Korea Finance & Services Workers’ Union opposes HMM’s forced headquarters relocation from Seoul to Busan, urging management to honor consultation clauses and consider employee and operational impacts.

Global shipping is facing a downturn with container rates falling sharply, but bulk carrier rates remain high due to strong iron ore demand and tight supply.

HMM's employees actively participated in various social contribution campaigns including donations, making infant sleep vests, and a step challenge, supporting community welfare.

POSCO denied HMM acquisition rumors and announced plans to expand in the US through a partnership with Cleveland Cliffs.

Busanjin-Jinhae Free Economic Zone Authority and HMM's CEO Kim Gyu-bong received innovation awards for leading growth and innovation in maritime and logistics sectors in Busan.

Dongwon Group and other bidders are competing to acquire South Korea's largest shipping company HMM, which is expanding its fleet significantly by 2030.

Dongwon Group is preparing to bid again for HMM amid political and labor tensions over the company's potential move from Seoul to Busan.

Dongwon Group is renewing efforts to acquire HMM as the South Korean government seeks to privatize the profitable container carrier, with HMM expanding its fleet and business.

Dongwon Group is planning another attempt to acquire HMM, South Korea's largest container ship operator, after a failed bid in 2023.