Hyundai Merchant Marine (HMM) (KRX: 011200) is a South Korean integrated logistics and containerized freight transport company, with more than 50 sea routes, over 100 ports of call and operating about 138 vessels. HMM provides worldwide global service networks, diverse logistics facilities, leading IT shipping related systems, a professional highly trained staff, and continual effort to provide premiere transportation services.
Beginning with three VLCCs in 1976, HMM has strengthened it competitiveness to advance new services such as bulk carrier, tramper, container carrier, LNG carrier and special product carrier. As a result, HMM has a stable business structure that can withstand sector fluctuations by operating diversified businesses. HMM currently is working with main creditor Korea Development Bank to ward off bankruptcy by undergoing extensive restructuring by reducing cost by over 30%.
Hyundai Merchant Marine is the world's 15th largest container line in terms of vessel capacity. HMM, together with Hanjin Shipping, moves almost all of Korea's exports.