News / HMM awash with box ships as the other top ocean carriers cut capacity

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Every deepsea carrier has reduced its operated capacity this year, except South Korea’s HMM, which is taking delivery of a series of the world’s largest vessels.

And, in a double-whammy, the carrier has also seen nine ships, amounting to nearly 100,000 teu, returned from its former 2M partners, according to new research from Alphaliner.

As part of a cooperation agreement signed in 2017, 2M partners Maersk and MSC had chartered the vessels – three of 13,100 teu and six of 10,100 teu ...