HMM revealed that every one of its twelve 24,000 TEU containerships have actually been totally loaded with freights on their very first trip. On 30 September, HMMSt Petersburg, the last of the 24K-class collection, left for Europe from the Port of Yantian, China with 19,529 TEUs filled aboard.

Consequently, all 24,000 TEU ships provided by HMM have actually made their initial trip with a complete lots of freights, beginning with HMM Algeciras which lugged an overall of 19,621 TEUs lastMay In specific, HMM Algeciras and also its 2 sis ships, HMM Oslo and also HMM Copenhagen, started their 2nd trip loaded with export deliveries from Asia to Europe.

Image Credits: hmm21.com

Considering the safety and security of vessel procedures and also freight weight, the optimum loadable capability of each 24,000 TEU ship stands at around 19,300 TEUs usually.

Jae- hoon Bae, President & & Chief Executive Officer of HMM, claimed, “This is a major milestone for us to expand our presence in the global market in close cooperation with THE Alliance.” and also included, “I am delighted that our efforts and dedication have come to fruition, which gave us a much needed uplift. We will take a big step forward to prove what we are capable of in the years ahead.”

HMM has actually gone back to make money in the 2nd quarter of this year, accomplishing an operating revenue of USD 115 million and also an internet revenue of USD 23 million, regardless of high volatility as a result of the Covid -19 pandemic. HMM will certainly look for to boost its success based upon the smooth procedure of 24,000 TEU ships, the adjustment of solution paths, and also a string of cost-cutting steps.

Meanwhile, HMM has actually led an initiative to secure the logistics circulation by releasing additional tonnage to the marketplace where a swift shipment of freight is needed and also totally running its whole fleet without still container vessels when faced with the current rise in freight need.

Reference: hmm21.com