HMM joins the exclusive TEU millionaires club
October 29,2025
HMM expending according to plan
South Korea’s flagship carrier HMM has become the eighth member of the exclusive teu millionaires club. HMM’s fleet now stands at 1,007,180 teu, according to analysis by Alphaliner, which noted in its most recent weekly report that the Korean carrier’s operated capacity has doubled over the past five years, the 2020s being the most profitable decade so far in container shipping history.
HMM’s growth looks set to continue with a raft of newbuilds due out of yards in South Korea. Next year, HMM is scheduled to receive five ships in the 8,500 the 9,000 teu class, while later on in the decade it will take delivery of twelve 13,000 teu newbuilds.
In September last year, HMM unveiled expansion plans through to the end of the decade, setting aside a massive KRW23.5trn ($17.48bn) that will see its container fleet nearly double while its tanker and dry bulk fleets will triple in size come 2030.
For further information, please feel free to
Source: Splash24 / Alphaliner