HMM recorded a net loss of $215m in the second quarter, taking the South Korean ocean carrier’s deficit to a massive $371m at the half-year stage.
The restructured container line increased liftings by 17%, year on year, in Q2, to 1.15m teu, which it attributed to its “sales expansion efforts” including the launch of its standalone Asia-North Europe loop and larger tonnage on the Asia-South America tradelane.
HMM also improved its load factor …
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Source: The Loadstar
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