HMM confirms interest in 22,000 teu boxships xem keo nha cai hom nay stay competitive.

President and chief executive CK Yoo revealed the company’s ambitions during a sales strategy meeting held earlier xem keo nha cai hom nay the week, an HMM official told Lloyd’s List.
“But the order time, type or size of vessels are not decided yet,” the official said in response xem keo nha cai hom nay local media reports that the company could order between 10 and 12 vessels of 22,000 teu in the future.
xem keo nha cai hom nay mega boxship orders will also help xem keo nha cai hom nay company meet international emissions regulations such as xem keo nha cai hom nay 2020 global sulphur limits set down by xem keo nha cai hom nay International Maritime Organization.

Despite its ambitions, Alphaliner executive consultant Tan Hua Joo said HMM needed xem keo nha cai hom nay sort out its alliance issues first, because it is at present not operating any containerships on the North Europe route on which the 22,000 teu-class vessels are expected xem keo nha cai hom nay trade.
“They will likely seek xem keo nha cai hom nay join The Alliance, who are themselves short of mega boxships,” he said.

Mr Tan added for the moment, HMM is unlikely xem keo nha cai hom nay opt for liquefied natural gas-driven mega boxships such as the ones ordered by CMA CGM earlier in the year, “given the higher price for such ships while the infrastructure is still lacking”.
In the coming year, HMM will concentrate on measures xem keo nha cai hom nay develop its employees via professional education and training, use innovation in the area of blockchain technology xem keo nha cai hom nay drive business growth, and improve profitability of its local and overseas terminals on the US west coast, Busan, Kaohsiung, Algeciras, Rotterdam and more.
It will also come up with initiatives xem keo nha cai hom nay deal with market conditions, such as new vessel deployments, launching new services, widening its business network and lowering operational expenses.
HMM had raised more than Won600bn (5.9m) in liquidity from the sale of 120m shares in October this year and intends xem keo nha cai hom nay allocate about Won200bn for vessel acquisitions, Won200bn for terminal investments on the US east coast, Vietnam, Singapore and Busan, among other locations, it said in a recent earnings report.
The rest of the funds will be used xem keo nha cai hom nay pay down debt, with about Won129bn due in 2018, fuel and charter costs of Won164.6bn in the first quarter of next year, and xem keo nha cai hom nay improve its overall financial situation.
HMM currently has a fleet of 19 owned vessels, comprised of 13 boxships, three tankers and three dry bulk vessels. It has 80 chartered-xem keo nha cai hom nay vessels, consisting of 43 containerships, seven tankers and 30 bulk carriers.
Source: Lloyd’s List

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