Hyundai Merchant Marine’s long-term aspiration to become a “leading global carrier” with a market share of 5% is a pipe-dream, according to maritime consultant Drewry.
It advises the ambitious South Korean carrier to instead “focus its energies on restoring its profitability and reputation”.
HMM’s 2018 strategy is referred to, in a slightly more detailed 2017 earnings commentary released yesterday, as “a leap toward a vision” of regaining a top global ranking, which it said it …
The post Loss-making HMM stays bullish, but its ‘leading carrier’ ambition is ‘a pipe-dream’ appeared first on The Loadstar.
Source: The Loadstar