HMM increases Asia-US west coast (USWC) volumes by 55.3%
Hyundai Merchant Marine announced that its Asia-USWC volume in January 2017 has increased by 55.3% year on year.
According to PIERS Data, HMM's USWC handling cargoes rose year-on-year from 9,594TEU/WK to 14,899TEU/WK at the end of January 2017.
Moreover, HMM's USWC market share has grown to 7.5%, up 2.6%p from the same month last year. (2016.01: 4.9% → 2017.01: 7.5%)
HMM said our volume and market share have gradually increased since Hanjin Shipping's receivership. And we recently achieved upgraded credit rating of BB (stable) which helps to rebuild trust with customers. We have many customers who show their trust in HMM.