HMM should use surplus cash to double size of its box ship fleet
HMM should use the earnings from the Covid-19-powered shipping boom to double its box ship ...
PARSIPPANY, N.J., and SEOUL, South Korea, September 29, 2016 – Hyundai Merchant Marine (HMM) has expanded its longstanding relationship with INTTRA, the world’s ocean shipping electronic marketplace, by adopting the INTTRA eVGM Service as a channel to facilitate compliance with the International Maritime Organization’s Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) amendment. Under the new rule, which went into effect on July 1, 2016, every container must have a VGM – or certified weight — in order to gain clearance to be loaded onto a ship.
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