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HMM makes peace with seafarers in wage dispute

After a wage dispute lasting several months, South Korean carrier HMM has entered an agreement with its seafarers, warding off a strike and conflict escalation.

Photo: PR / Port of Hamburg

South Korean container carrier HMM has entered an agreement with its employees in connection with a wage dispute that has lasted since June. According to the carrier, the agreement, which covers both office employees and seafarers, comes with wage increases of 7.9 percent and the possibility of a bonus upwards of 650 percent of the monthly salary.

The prolonged wage dispute ended after 18 hours of negotiations between HMM and the seafarers' union.

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