HMM relocates headquarters to Busan

South Korea's largest shipping company, HMM, has officially commenced operations at its new headquarters in Busan. Following a labor-management agreement in April aimed at promoting national balanced development, the company held an unveiling ceremony at its new office in Bujeon-dong on October 13.

Approximately 120 employees have begun working at the temporary Busan location, which includes the CEO's office and key maritime and sales operations departments. HMM plans to relocate additional personnel in stages and intends to construct a landmark headquarters building within the Busan North Port area in the future.

As part of its 2030 mid-to-long-term strategy, HMM announced plans to invest 29 trillion won to expand its fleet. This includes adding 166 container ships and 110 bulk carriers. The company also aims to strengthen its global network, secure overseas terminal infrastructure, and pursue net-zero carbon emissions by 2045 through eco-friendly and digital transformations.