HMM Volume in Asia-US West Coast Up 55%

February 15, 2017

Hyundai Merchant Marine (HMM)’s Asia-USWC market share has risen to 7.5% in January 2017 - a  2.6% increase compared to the same month last year.

 
HMM announced that its Asia-USWC volume in January 2017 has increased by 55.3% year on year.
 
According to PIERS Data, HMM’s USWC handling volumes have increased from 9,594TEU/WK to 14,899TEU/WK at the end of January 2017, which is a 5,305TEU/WK increase on year on year basis.
 
Moreover, HMM’s USWC market share in January 2017 has risen to 7.5% which is 2.6%P higher than same month last year. (2016.01: 4.9% → 2017.01: 7.5%)
 
HMM said “our volume and market share have gradually increased since Hanjin Shipping’s receivership.” And “we recently achieved upgraded credit rating of BB (stable) which helps to rebuild trust with customers. We have many customers who show their trust in HMM.”
 

Logistics News

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

DynaMoor Mooring Put to the Test in Japan

DynaMoor Mooring Put to the Test in Japan

Subscribe for Maritime Logistics Professional E‑News

Ford German workers strike amid rising tensions over planned cuts
In April, South Korea purchased 52,123 t of rice from the U.S.
Brazil's Lula seeks trade ties with Beijing, as China and Trump spar.