INDUSTRY body Shipping Australia has welcomed Hyundai Merchant Marine Australia as a full voting member.

HMM Australia is part of Korean logistics giant Hyundai Merchant Marine.

HMM is active in the container trades, operating more than 100 ships with a combined TEU capacity of more than 394,000 TEU and is a member of The Alliance.

Shipping Australia chief executive Rod Nairn was delighted to have HMM on board.

“Hyundai Merchant Marine is a significant player in the world shipping scene with interests in almost all sectors of shipping including container, bulk, liquid and heavy lift,” Mr Nairn said.

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“This diversity provides strength and enhances our ability to represent all sectors of the international shipping industry.”

HMM Australia managing director, Bryan An, said he was excited about their acceptance into Shipping Australia.

“HMM has been a part of the Australian shipping landscape for over 25 years and we welcome the opportunity to contribute to the ongoing development of the Australian maritime industry as a full member of SAL,” Mr An said.

HMM general manager Australia Len Phillips said the company was pushing a growth strategy through the membership of The Alliance and the delivery of new 23000 TEU vessels.

Mr Nairn said Australia was “absolutely dependent” on international commercial shipping for economic prosperity. “Hyundai Merchant Marine is doing their bit to support Australia and we are pleased to be able to support them by promoting sensible and sustainable shipping policies in Australia,” he said.