Hyundai Glovis Named Outstanding Shipping Company by Ministry of Oceans and Fisheries... Wins "Shipping Top" Award

"Shipping Top" Awards Ceremony Held on June 27

Hyundai Glovis announced on July 1 that it received the "3 Million CEU Shipping Top" award, which is presented by the Ministry of Oceans and Fisheries to recognize automobile shipping companies with outstanding transport performance in the previous year.

At the "Shipping Top" awards ceremony held on June 27, Hyundai Glovis was honored with the award in recognition of its transport performance totaling 3 million CEU (a unit representing the space required to transport one vehicle).

The "Shipping Top" awards were established to highlight the importance of the shipping industry, which is a key sector responsible for 99.7% of Korea's import and export logistics, and to encourage shipping companies to strengthen their export efforts.

Last year, Hyundai Glovis transported a total of 4.59 million CEU of finished vehicles in the global market. Of this, 2.21 million CEU were vehicles exported from Korea. The Ministry of Oceans and Fisheries and the Korea Shipowners' Association evaluated that Hyundai Glovis played a pivotal role in Korea's export logistics.

Hyundai Glovis received the "3 Million CEU Shipping Top" award at the shipping company presidents' workshop held on the 27th of last month. Kim Jungseok, Head of Hyundai Glovis Shipping Division (right in the photo), is shown receiving the award from Heo Manuk, Director of the Shipping Logistics Bureau at the Ministry of Oceans and Fisheries. Photo by Hyundai Glovis

Hyundai Glovis will continue to invest in securing vessels and expanding its transport capabilities to strengthen the competitiveness of Korea's shipping industry. As of the first quarter of this year, the company operates a fleet of 97 vessels and plans to expand this to 128 vessels by 2030 to support the growth of export cargo volume. In 2024, Hyundai Glovis introduced four newly built vessels with a capacity of 7,000 vehicles each. By next year, it will add six new vessels with a capacity of 8,600 vehicles each, and by 2028, it plans to sequentially deploy 20 of the world's largest vessels, each capable of carrying 10,800 vehicles, to the maritime transport market.

The company aims to secure vessel capacity to stably handle more than 2.2 million CEU of export cargo annually, thereby enhancing the efficiency and stability of Korea's export logistics. To achieve this, Hyundai Glovis also plans to further strengthen its close collaboration system with the government and related organizations.

Hyundai Glovis will continue to invest in nurturing talent to lead the shipping industry. Since 2023, the company has implemented an industry-academia scholarship program, providing the highest level of scholarships in the industry?including tuition and learning support?to prospective shipping professionals at Korea Maritime and Ocean University and Mokpo National Maritime University. Hyundai Glovis plans to expand the scale of this scholarship program, which is currently centered on domestic maritime universities, and extend support to overseas maritime-related universities as well.

A Hyundai Glovis representative stated, "We will continue to build a stable global import and export logistics system through ongoing investment in outstanding talent and capability enhancement," adding, "We will also strive for mutual growth with our partners and contribute to the sustainable development of Korea's exports and shipping industry."

This content was produced with the assistance of AI translation services.