Hyundai Merchant Marine

Hyundai Merchant Marine
Shipping
Industry Container shipping
Founded 1976
Headquarters Seoul, South Korea
Area served
World-wide
Website www.hmm21.com

Hyundai Merchant Marine (HMM) (KRX: 011200) is a South Korean integrated logistics and containerized freight transport company, with more than 50 sea routes, over 100 ports of call and operating about 138 vessels. HMM worldwide global service networks, Diverse logistics facilities, leading IT shipping related systems, a professional highly trained staff, and continual effort to provide premiere transportation services.[1] Beginning with three VLCCs in 1976, HMM has strengthened it competitivenessss to advance new services such as bulk carrier, tramper, container carrier, LNG carrier and special product carrier. As a result, HMM has a stable business structure that can withstand sector fluctuations by operating diversified businesses.[1]

Management

HMM has formed a global business network with four international headquarters, 27 subsidiaries, 76 branches, five overseas offices and 10 liaison offices. It is highly regarded as one of the world’s top integrated-logistics companies with its targeted market prospects, efficient organization, top personnel, and advanced internet systems.[1]

Commercial

HMM transports nationally 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, clearly playing a major role in Korea as a vital economic artery[1]

History Timeline[2]

1970s

1976

1976 - Three tankers purchased (Korea Sun, Korea Star, and Korea Banner).

1977

1978

1979

1980s

1980

Four 1,400 TEU full container vessels committed to the Far East-U.S. route.

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990s

1990

Seven of the world"s largest and fastest container ships(5,551 TEU) purchased.

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000s

2000

Launched new 8,600 TEU containership 'Hyundai Brave'.

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010s

2010

Held naming ceremony for 'Hyundai Dream', the 13,100TEU container vessel.

2011

2012

2013

2014

References

  1. 1 2 3 4 "Hyundai Merchant Marine". www.hmm21.com. Retrieved 2015-05-13.
  2. "Hyundai Merchant Marine". www.hmm21.com. Retrieved 2015-05-13.

External links

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