News / Buoyant HMM unveils ambitious market share target with new ULCVs

South Korean container carrier Hyundai Merchant Marine (HMM) is targeting a 7% market share in the major deepsea east-west trades as it prepares to take delivery of 20 new ultra-large container vessels (ULCVs).

And it sought to reassure investors and customers alike that, after seeing increased volumes in its network over the past couple of years, it would have little problem filling the new capacity.

“We see 7% market share in east-west trades by 2021 as achievable for HMM. Therefore, we believe apprehension ...