South Korean state may prefer bigger stake in cash-rich HMM to a sale
The South Korean state could increase its stake in HMM to 72%, as the country’s ...
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South Korea’s flagship container carrier HMM has designed its own online system to locate and exchange empty containers with other companies.
The company yesterday applied to patent its HMM Container Interchange Platform (HIP).
“HIP is a self-developed service to quickly exchange HMM’s containers with other companies’ to resolve the container imbalance by region,” said HMM.
It said an imbalance of container supply across regions remained a chronic problem, despite freight levels and port congestion having normalised. Back-haul shipments returning to Asia from Europe/North America ...
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