HMM has announced that all of its twelve 24,000 TEU containerships have been entirely filled with cargo on their first voyage.
All of HMM’s 24,000 TEU ships delivered have made their maiden voyage with a full load of cargoes, starting with HMM Algeciras which carried a total of 19,621 TEUs last May. On September 30th, HMM St. Petersburg, the last of the 24K-class series, departed for Europe from the Port of Yantian, China with 19,529 TEUs loaded on board.
In particular, HMM Algeciras and its two sister ships, HMM Oslo and HMM Copenhagen, embarked on their second journey full of export shipments from Asia to Europe.
Considering the safety of vessel operations and cargo weight, the maximum loadable capacity of each 24,000 TEU ship stands at around 19,300 TEUs on average.
Jae-hoon Bae, President & CEO of HMM, said, “This is a major milestone for us to expand our presence in the global market in close cooperation with THE Alliance.” and added, “I am delighted that our efforts and dedication have come to fruition, which gave us a much needed uplift. We will take a big step forward to prove what we are capable of in the years ahead.”
HMM says they have notably returned to profit in the second quarter of this year, achieving an operating profit of USD 115 million and a net profit of USD 23 million, despite high volatility due to the Covid-19 pandemic.