HMM is pushing for a big fleet expansion by 2030 after a sale of the company fell flat.

The South Korean liner company disclosed on Monday that under its medium to long-term strategy, it plans to increase its container ship and bulker fleet extensively to strengthen its global competitiveness, national media reported.

HMM unveiled a target to increase its container shipping capacity from the current 84 vessels of 920,000 teu to 130 ships of 1.5m