HMM increases Asia-US west coast (USWC) volumes by 55.3%

February 20 2017 Print This Article
Hyundai Merchant Marine announced that its Asia-USWC volume in January 2017 has increased by 55.3% year on year.

According to PIERS Data, HMM's USWC handling cargoes rose year-on-year from 9,594TEU/WK to 14,899TEU/WK at the end of January 2017.

Moreover, HMM's USWC market share has grown to 7.5%, up 2.6%p from the same month last year. (2016.01: 4.9% → 2017.01: 7.5%)

HMM said our volume and market share have gradually increased since Hanjin Shipping's receivership. And we recently achieved upgraded credit rating of BB (stable) which helps to rebuild trust with customers. We have many customers who show their trust in HMM.