Hyundai Merchant Marine

Type: Public
On the web: http://www.hmm.co.kr
Employees: 1,740

With more than 110 ships in its fleet, Hyundai Merchant Marine (HMM) is a master of the seas. The Hyundai Group affiliate is one of the largest multimodal marine shipping concerns going, with a fleet that includes full container carriers, liquid natural gas carriers, oil tankers, and bulk carriers. HMM's vast network consists of four international headquarters, 23 subsidiaries, and about 70 offices worldwide. The company has worked hard in recent years to diversify its shipping options, focusing on carrying special cargoes like petroleum products. HMM was founded in 1976.

Key numbers for fiscal year ending December, 2008:
Sales: $6,402.4M

Officers:
Chairwoman: Hyun Jeong-Eun
President, CEO, and Director: Kim Seong-Man
SVP and CFO: Choi Kyung-Ho

Competitors:
CMA CGM
Mitsui O.S.K. Lines
Neptune Orient

Hyundai Merchant Marine is a South Korean logistics company providing worldwide container shipping services. It was established in 1976 as Asia Merchant Marine. It became Hyundai Merchant Marine, a part of the Hyundai Group, in 1982.

As of March 2007, Hyundai Engineering and Construction is the main shareholder of Hyundai Merchant Marine, which is the de-facto holding company of Hyundai Group.[1]

External links

• http://www.hmm21.com/eng/abouthmm/overview/overview.jsp

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