Carriers react quickly to transpac demand surge, but rates remain muted
Container spot freight rates on the transpacific continued to trend upwards this week, albeit at ...
Subsidised South Korean ocean carrier Hyundai Merchant Marine (HMM) continued to bleed money in the final quarter of 2018, to end the year some Won808bn ($720m) in the red.
It attributed the loss, which follows a $1.1bn deficit the previous year, to increased fuel costs, the ...
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