Like the other major shipping companies containerized worldwide, in the third quarter of this year also HMM recorded a marked deterioration in performance determined by the reduction in the value of the tariffs of shipping, deterioration which, as with some others carriers of the market, for the South Korean company it was particularly marked.

In the period, HMM had a turnover of 2,706 billion won ($1.8 billion), down -23.8% on the previous year. third quarter of 2024 which was generated by the reduction -26.6% in the turnover of the maritime transport segment which amounted to 2.341 billion won, while the turnover produced by the maritime transport segment of remained stable, with that resulting from transport of liquid bulk cargo amounted to 131 billion (+3.2%) and the related to the transport of dry bulk cargo at 185 billion won (-3,5%).

Quarterly operating costs, amounting to €2,231 billion, marked a sharp increase of +12.2%. Operating profit is 297 billion won (-79.7%), with a contribution of 287 billion won billion from the containerized shipping segment (-80.4%) and five billion from the maritime transport of liquid and solid bulk (-157.2%), and net profit was 304 billion (-82.5%).

In the third quarter of this year, the container ships of the HMM transported cargo volumes of 1.03 million TEUs (+3.7%) and in this segment of activity, the average value of freight rates is result of 1,258 dollars/teu (-38.4%). There was an increase in the number of volumes transported in all major world maritime markets with the exception of that of the transpacific routes where the South Korean company handled 365 thousand TEUs (-9.2%), which generated revenues of 813 billion won (-39.1%). On Asia-Europe routes, HMM ships carried 283 thousand TEUs, with an accentuated increase of +24.7%, and in this market the revenues amounted to 794 billion won (-18.6%). On the routes intra-Asian traffic, the traffic handled was equal to 243 thousand TEUs (+1.3%), activities that produced revenues of 384 billion won (-14.4%). On the north-south routes, the total transported was 133 thousand TEUs (+12.1%) and the related revenues amounted to 339 billion won (-20.5%).

HMM closed the first nine months of 2025 with revenues of 8,184 billion won, down -4.2% over the same period last year. Operating profit was 1,144 billion (-54.5%) and net profit of 1,515 billion (-47.5%).