Hyundai Merchant Marine
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Hyundai Merchant Marine
HMM Co., Ltd. (), formerly known as Hyundai Merchant Marine, is a South Korean container transportation and shipping company. Overview HMM moves the largest portion of South Korea's exports, becoming the number one Korean national container carrier, especially since Hanjin Shipping was declared bankrupt and ordered to be liquidated. 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. THE Alliance Along with Hapag-Lloyd, Ocean Network Express, and ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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EUKOR
EUKOR is a specialised Roll-on/roll-off shipping line formed in 2002. The company's main business is the sea carriage of new and used cars and High & Heavy cargo. The name of the brand EUKOR comes from a portmanteau that combines together the words "Europe & Korea". Company profile EUKOR is a South Korean company owned by Wilh. Wilhelmsen along with Wallenius Lines, Wallenius Wilhelmsen Logistics, American Roll-on Roll-off Carrier, and United European Car Carriers. The company tonnage comprise 80 PCC-PCTC vessels transporting about 4 million cars every year, mainly from South Korea to the US and Europe. The main business consists in the maritime transport and distribution of cargo such as automobiles, trucks, trailers, Mafi roll trailers, heavy construction machineries and further types of rolling freight. Since 1999, when ''mv Asian Destiny'' was launched, the fleet started to include ships capable of carrying over 6,000 cars per voyage. Over half of the fleet's vessels in ...
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Hyundai Glovis
Hyundai Glovis Co., Ltd. is a logistics company headquartered in Seoul, South Korea and part of the Hyundai Kia Automotive Group. Its predecessor company, Hankook Logitech Co. Ltd was formed in February 2001. Hyundai Glovis supplies ocean transportation logistics advice, cargo space, loading/unloading, and packaging services. It changed its name to Hyundai Glovis in June 2003. Company The meaning of the name Glovis comes from a portmanteau that combines together the two words "Global - Vision". Hyundai Glovis main business areas in South Korea and internationally are finished vehicles distribution by Roll-on/roll-off ocean shipping, air transportation, inland truck transportation, logistics consulting, storage, and packaging services, as well as supply chain management services. Since 2011, the company has launched an auto parts recycling business, named "OnECO," that mainly consists of distribution of reused and remanufactured auto parts. The company fleet includes 60 Pure Ca ...
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List Of Largest Container Shipping Companies
Several shipping lines are involved in intermodal freight transport as part of international trade. List of largest container shipping companies This is a list of the 30 largest container shipping companies as of 11 August 2022, according to ''Alphaliner'', ranked in order of the twenty-foot equivalent unit (TEU) capacity of their fleet. In January 2022, MSC overtook Maersk for the container line with the largest shipping capacity for the first time since 1996. Hanjin Shipping was also one of the biggest but it is now defunct. Notes See also * List of largest container ships * List of busiest container ports * Jones Act References {{Container shipping companies Container A container is any receptacle or enclosure for holding a product used in storage, packaging, and transportation, including shipping. Things kept inside of a container are protected on several sides by being inside of its structure. The term ... de:Containerschiff#Die gr.C3.B6.C3.9Ften ...
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Samsung Heavy Industries
Samsung Heavy Industries Co., Ltd. (Korean: 삼성중공업) is one of the largest shipbuilders in the world and one of the "Big Three" shipbuilders of South Korea (including Hyundai and Daewoo). Geoje (in Gyeongsangnam-do) is one of the largest shipyards in the world, having 3 dry docks and 5 floating docks. A core subsidiary of the Samsung Group, South Korea's largest conglomerate, SHI's main focus is on the engineering, procurement, construction, commissioning and the delivery of: transportation ships for the commercial industry, topsides modules, drilling and floating production units for the oil and gas sector, gantry cranes for fabrication yards, digital instrumentation and control devices for ships, and other construction and engineering services. SHI operates manufacturing facilities at home and abroad, including ship block fabrication factories in Ningbo and Rongcheng, China. The Geoje Shipyard in particular, SHI's largest shipyard in South Korea, boasts the highest doc ...
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DSME
Daewoo Shipbuilding & Marine Engineering Co., Ltd ( ko, 대우조선해양; abbreviated DSME) is one of the "Big Three" shipbuilders of South Korea, along with Hyundai and Samsung. History On 21 February 2011, the A. P. Moller-Maersk Group (Maersk) ordered 10 large container ships from DSME, each with a capacity of 18,000 containers, surpassing the then record holder; the Mærsk E-class at 15,200 containers. The contract is worth $1.9bn. The first was to be delivered in 2014. In June 2011, Maersk ordered ten more, for another $1.9bn. The new class is called the Triple E class. On December 20, 2011, Daewoo Shipbuilding Marine Engineering won the largest single defense contract by a Korean firm; valued at $1.07 billion to build three Indonesian submarines. It also would mark the first exports of submarines from South Korea. On 22 February 2012, a £452 million order was placed with DSME for four 37,000 tonne double hulled 'MARS' fast fleet tankers by Britain's Ministry of De ...
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Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. (HHI; ) is the world's largest shipbuilding company and a major heavy equipment manufacturer. Its headquarters are in Ulsan, South Korea. History HHI was founded in 1972 by Chung Ju-yung as a division of the Hyundai Group, and in 1974, completed building its first ships. In 2002, the company was spun-off from its parent company. HHI has four core business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, and Engine & Machinery. HHI also has five non-core related subsidiaries: Hyundai Electric & Energy Systems, Hyundai Construction Equipment, Hyundai Robotics, Hyundai Heavy Industries Green Energy, and Hyundai Global Service. The Hyundai Group started as a small South Korean construction firm in 1947, headed by its founder, Korean entrepreneur Chung Ju-yung. Another widely known and closely related Korean company, the Hyundai Motor Company, was founded in 1967, five years prior to the founding of the Heavy Indu ...
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Nuri-class Container Ship
The ''Nuri'' class is a series of 8 containers ships built for HMM. The ships were built by Hyundai Heavy Industries in South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed .... The ships were ordered in 2018 together with the 12 ships from the Algeciras class and have a maximum theoretical capacity of 16,010 TEU. The first ship of this series is expected to enter into service in the second quarter 2021. List of ships See also * ''HMM Algeciras''-class container ship * ''Hyundai Dream''-class container ship * ''Hyundai Together''-class container ship * ''Hyundai Earth''-class container ship References Container ship classes Ships built by Hyundai Heavy Industries Group {{Ship-type-stub ...
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Zodiac Maritime
Zodiac Maritime Ltd is an international ship management company. Zodiac is also a large ship owner and charters out these vessels. It is part of Ofer Global, based in Monaco, and the chairman is Eyal Ofer. Zodiac was involved in the MSC Napoli, the container ship that ran into difficulty in the English Channel. In late 2009 and early 2010, two of its ships (''St James Park'' and '' MV Asian Glory'') were captured by Somali pirates. According to a 2014 analysis conducted by Globes, the companies of the Zodiac group generated together an operating profit of just over $1.5 billion in 2003–12, with an operating profit margin of 39%, and a 0.49% tax rate on profits. In July 2014, Eyal Ofer, the principal of Zodiac Group, received an honorary life membership of the Baltic Exchange for his contribution to shipping in the UK and global maritime trade. Later that year, he was named in the top 10 most influential people in the shipping industry according to Lloyds List ''Lloyd's ...
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Earth-class Container Ship
The ''Earth'' class is a series of 6 container ships built for Zodiac Maritime and chartered to HMM for a period of 12 years. The ships have a maximum theoretical capacity of 10,077 TEU. The ships were built by Daewoo Shipbuilding and Marine Engineering in South Korea. List of ships See also * HMM Algeciras-class container ship The ''Algeciras'' class is a class of container ships consisting of 12 vessels built for HMM. The largest ships have a maximum theoretical capacity of 23,964 twenty-foot equivalent unit The twenty-foot equivalent unit (abbreviated TEU or teu) ... * HMM Nuri-class container ship * Hyundai Dream-class container ship * Hyundai Together-class container ship References {{reflist Container ship classes Ships built by Daewoo Shipbuilding & Marine Engineering ...
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Dream-class Container Ship
The ''Dream'' class is a series of 5 container ships built for HMM. The ships have a maximum theoretical capacity of 13,154 TEU. The ships were built by Daewoo Shipbuilding and Marine Engineering in South Korea. List of ships See also *HMM Algeciras-class container ship The ''Algeciras'' class is a class of container ships consisting of 12 vessels built for HMM. The largest ships have a maximum theoretical capacity of 23,964 twenty-foot equivalent unit The twenty-foot equivalent unit (abbreviated TEU or teu) ... * HMM Nuri-class container ship * Hyundai Together-class container ship * Hyundai Earth-class container ship References {{reflist Container ship classes Ships built by Daewoo Shipbuilding & Marine Engineering ...
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Together-class Container Ship
The ''Together'' class is a series of 5 container ships built for Danaos Corporation and operated by HMM. The ships have a maximum theoretical capacity of 13,082 TEU. The ships were built by Hyundai Samho Heavy Industries in South Korea. List of ships See also * HMM Algeciras-class container ship The ''Algeciras'' class is a class of container ships consisting of 12 vessels built for HMM. The largest ships have a maximum theoretical capacity of 23,964 twenty-foot equivalent unit The twenty-foot equivalent unit (abbreviated TEU or teu) ... * HMM Nuri-class container ship * Hyundai Dream-class container ship * Hyundai Earth-class container ship References {{reflist Container ship classes Ships built by Hyundai Heavy Industries Group ...
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