ShippingWatch

Corona crisis makes HMM postpone plans for new container ships

The sliding demand, which has made container shipping lines void voyages on a large scale, makes HMM postpone its plans for six new ultra-large container ships, reports Alphaliner. HMM tells ShippingWatch plans are intact.

Photo: HMM

South Korean container shipping line HMM has postponed its plans for several new ultra-large container ships following a drop in demand triggered by the coronavirus outbreak, reports Alphaliner.

HMM is planned to receive 12 new container ships of close to 24,000 teu apiece this year. Word from the shipping line has till now been that the 12 new ships will be phased into operations by the end of the third quarter.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs