27/11/2019
Hyundai Merchant Marine, one of the worlds top 10 shipping lines posts its 18th consecutive quarterly loss.
As a partner in the the ONE alliance (Ocean Network Express - the one with Pink shipping containers) Hyundais demise would be a disaster for the industry.
https://splash247.com/hmm-continues-to-stand-out-as-box-shippings-biggest-loser/
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The main container carriers’ average operating margin improved to 3.6% in the third quarter of 2019, largely due to lower bunker costs, Alphaliner reports in its latest weekly report. However, there is one carrier that stands apart, still mired in red ink. Among the main carriers surveyed by Alpha...