HMM stays in the red amid weak rates and higher fuel price
South Korea carrier posted Won175bn in net loss and Won170bn in operating loss, despite a 2.2% growth in handling volume. It has raised its stake in Hyundai Pusan New-Port Terminal to 50%, aiming to reduce its cargo-handling cost
South Korean carrier forecasts an increase in cargo volumes as it enters the traditional high season in the second and third quarters
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