Hyundai Merchant Marine Exclusive -

Facing a massive debt crisis, the company underwent a painful restructuring. It was delisted from the Korean stock exchange, and ownership was transferred to the state-run Korea Development Bank (KDB) and the Korea Ocean Business Corporation (KOBC). For a while, it looked like Korea might lose its maritime flagship to foreign competitors.

Please review the following key updates regarding our operations with Hyundai Merchant Marine (HMM):

Hyundai Merchant Marine, now officially known as , is South Korea’s leading national shipping and integrated logistics provider. Based in Seoul, the company operates a massive global network that serves as a vital artery for international trade. History and Rebranding hyundai merchant marine

Due to HMM’s updated automated customs interface (UCC), ensure that HS codes and container weights are entered with zero tolerance for error. Any discrepancy over 1% will result in automatic penalty fees.

HMM has shifted a significant number of 40’HC chassis to the Pyeongtaek hub. Please book equipment 72 hours in advance to avoid demurrage. Facing a massive debt crisis, the company underwent

Let’s dive into the story of HMM and why it remains a critical player in your supply chain.

If you track the pulse of global trade, you know that the shipping industry is a volatile ocean. Giants can capsize financially just as easily as they can dominate the waves. Few companies illustrate this dramatic journey of survival and redemption better than . Please review the following key updates regarding our

In March 2020, the company officially rebranded to HMM Co., Ltd. to modernize its global image. Global Operations and Fleet About Us - HMM

Today, HMM is no longer the "sick man" of the shipping industry. It is a technology-forward carrier with a focus on eco-friendly logistics.

To understand where HMM is today, you have to look back at 2016. The global shipping industry was suffering from a perfect storm: overcapacity and rock-bottom freight rates. During this time, Hyundai Merchant Marine was in dire straits.

Team / Partners From: [Name] Subject: Update on Hyundai Merchant Marine (HMM) Operational Procedures