Terms & Glossaries of Shipping and Trading
HMM (Hyundai Merchant Marine)
Hyundai Merchant Marine (HMM) is a South Korean container transportation and shipping company.
HMM Co., Ltd., formerly known as Hyundai Merchant Marine, is a South Korean container transportation and shipping company. The company's office network is composed of four international headquarters, 27 subsidiaries, 76 branches, five overseas offices and 10 liaison offices. On the domestic market, HMM transports strategic materials such as crude oil, iron ore/coal and diverse special products as well as import/export goods. Earnings are eight trillion Korean won per year. As of 2020, HMM has built and launched the world's two largest container ships in terms of TEU capacity, the HMM Algeciras with a maximum TEU capacity of 23,964, and the HMM Copenhagen with a maximum capacity of 23,820 TEU.
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