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15 November 2018 The on-line newspaper devoted to the world of transports 21:45 GMT+1



October 29, 2018

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Original news
HMM previews more than to double revenues and ability to the fleet within 2020

The objective is a turnover of ten billions of dollars and ships in a position to transporting a total of a million teu

"We will become a company of total navigation of highest level". The managing director of Hyundai Merchant Marine (HMM), Yoo Chang has said - keun, in the course of a held reunion friday to Seul in the headquarters of the company of South Korean navigation in order to introduce to the dependent the development plans of the company to mean and long term.

Ambitiouses are the perspectives of the HMM that, with the conspicuous support of the South Korean government who - Yoo has remembered - has granted to the company deep pairs to quintillion of won (876 million dollars), she previews to reach in a 2022 annual volume of transactions of ten billions of dollars, more than doubling the level of turnover reached in the exercise anniversary 2017 that was closed with revenues pairs to 5,03 billion won (4,45 billion dollars), of which 4,35 billion won generated from the segment of the containerized marine transport.

The plan previews more than to double also the containerized cargo ability of the fleet of the HMM, than second the forecasts it will go up to a million teu in 2020 regarding 463 thousand teu of ability to end 2017, level of ability that up to now is exceeded alone seven companies of the segment of world-wide the containerized transport: the taiwanese Evergreen Line that a fleet of the ability to 1,2 million has teu, the Ocean Japanese Network Express (ONE) with ships that they can transport 1,5 million teu, the Hapag-Lloyd German with a total of 1,6 million teu, Chinese COSCO with 2,8 million teu, the Helvetian Mediterranean Shipping Company (MSC) with 3,3 million teu and, leader of the field, the Danish Maersk Line with a fleet of the ability to 4,0 million teu.

The program of potenziamento of the fleet of the HMM has already taken start at the end last month with the orders emitted from the company of navigation in confronts of the three South Korean ship yards Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) for the construction of 20 portacontainer of large-capacity, of which 12 from 23.000 teu and eight from 15.000 teu, ships that the company will begin to take in delivery in according to trimester of 2020(on 28 September 2018).


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