News / HMM service expansion 'not connected' to impending sale

Photo: © Marius Steinke | Dreamstime.com

Ahead of its impending sale, HMM is expanding its business areas, with plans to launch more container shipping routes from the country’s second busiest container port, Gwangyang.

Last month, South Korea’s largest carrier launched a standalone Far East Asia, India and Mediterranean (FIM) service, with Gwangyang as its base port, and is set to hold further discussions with a view to launching more Gwangyang-connected routes.

Although HMM is now South Korea’s largest shipping company, its container volume through Gwangyang,  still lags its ...