HMM aims to consolidate 2M relationship

Hyundai Merchant Marine (HMM) president and chief executive Jae-hoon Bae is visiting Europe in a move to strengthen relationships with global carriers and major customers.

On 23 April Mr Bae started his tour of overseas sites following his site visits in South Korea.

A statement explained “First of all, Mr Bae plans to visit the European headquarters of HMM in London, to encourage its employees and make sales strategies based on the character of each region. Furthermore, he will lead an effort to reinforce the trust of its valued customers through business meetings.”

Mr Bae is scheduled to speak with Ki-tack Lim, the secretary general of IMO to share views on the IMO 2020 environmental regulation and upcoming regulatory measure on CO₂ emissions.

The statement added that he also “strives to consolidate the relationship” with 2M, Maersk and MSC, currently under an agreement of strategic co-operation with HMM, by visiting Denmark and Switzerland.

Mr Bae has also announced that HMM will expand co-operation with FESCO. HMM has been jointly operating a China-Korea-Russia weekly service, under the name of ‘CRN (China Russia North Service)’ with FESCO and CMA CGM.

With the expansion of co-operation, the current CRN will be reorganised and two new direct services connecting South Korea and Russia, named ’KR2 (Korea Russia Service 2)’ and ’KRS (Korea Russia Service)’, will be introduced in the service network of HMM.