HMM pours cold water on president's push for Arctic box shipping
The seasonality and draught restrictions of Arctic shipping means it will be unprofitable to run ...
South Korean carrier HMM today reported a $55m net loss for the first quarter – a dramatic 63.2% improvement on the $149m it lost in the same period last year.
The carrier said its better bottom line was largely due to its cost-cutting efforts, as revenues ...
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