HMM CEO CK Yoo’s Term Extended by 3 Years

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Hyundai Merchant Marine (HMM) has extended the term of its Chief Executive Officer (CEO) C.K. Yoo until 2021.

“All employees of HMM – with a sense of great duty and mission as the only national ocean carrier – will give our all to leap forward as one of the top global shipping carriers,” Yoo said.

The announcement was made at HMM’s 42nd regular shareholders meeting at Seoul on Friday. It is expected that HMM will be equipped with eco-friendly smart containerships in the near future.

Yoo added, “We believe that HMM will gain great cost-competitiveness and strengthen its sales power.”

Sea News, April 3