HMM plans capacity boost as it focuses on port infrastructure
South Korea’s flagship carrier HMM is mirroring other lines in the market with plans to ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
One of the effects of the Hanjin collapse has been endless rumour and speculation – with one of the main protagonists in any shipping story inevitably being Maersk. Will Maersk buy either of the Korean lines’ ships? And what is Cosco doing? And will Hanjin re-emerge as a small, regional line? Whatever, the latest story from the WSJ, in this round of predicting a frankly unknown future, suggests that Maersk has never wanted Korea’s vessels, but would consider a cheaper deal to buy a smaller, bankrupt or distressed carrier. Analysts have predicted that only eight of the top 20 carriers will still be operating by 2020 – giving acquisitive lines a reasonable choice.
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