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HMM eyes newbuilding orders with government support

The South Korean carrier says it is considering new orders in the first half of the year, including 13,000 teu containerships. It looks to catch up with larger rivals, most of which have already returned to yards spurred by a pandemic-led market boom

HMM’s ordering plans come as the South Korean government confirms it is ready to help support domestic owners to build efficient fresh tonnage, despite widespread criticism from rival shipbuilding states concerned about market-skewing support

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