Hyundai Merchant Marine announced that its Asia-US west coast (USWC) volume in April 2017 has increased by 73% year on year.

According to PIERS Data, HMM¡¯s Asia-USWC handling cargoes rose year-on-year from 7,604 TEU/WK to 13,186 TEU/WK at the end of April 2017.

Moreover, HMM ranked 5th in terms of market share from 11th at the previous year.

USWC-Asia volume has also increased to 7,336 TEU/WK which is ranked 3th in March 2017.

What¡¯s more, HMM¡¯s Asia-all US routes handling cargoes rose year-on-year from 10,733 TEU/WK to 17,932 TEU/WK (67%¡ü) in April 2017.

HMM has seen its volumes for Asia-US routes rapidly increase, since it formed strategic cooperation with 2M in April.

HMM official said ¡°HMM has raised its market share along with its ranking, as its volume has shown dramatic increase compared to last year. We expect gradual improvements in profitability, since we¡¯re heading into the peak season with higher volumes.¡± And ¡°We will do our best to reward all customers who have shown trust in us with the excellent service¡±