HMM reports 500% rise in operating profit, and eyes fleet and route expansion
South Korean container line HMM is yet another major carrier to enjoy a bumper 2024, ...
More than half HMM’s 600-strong seafarer workforce have signed letters of resignation following management refusal to meet pay demands.
Some 453 staff voted in the seafarers’ union strike ballot last weekend, more than 90% backing action in protest at a reluctance to give generous salary increases after a pay freeze between 2011 and 2019, due to the company’s poor performance in those years.
Meanwhile, the union said yesterday it would extend negotiations by a week, to 1 September.
The union said: “We don’t want ...
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