Hyundai Merchant Marine said that the economic fallout resulting from the novel coronavirus outbreak could affect trade volumes, as the South Korean flagship carrier announced a net loss of US$511.83 million (KRW591.67 billion) for 2019.
The loss narrowed from the US$708.4 million (KRW790.56 billion) net loss in 2018.
HMM’s revenue improved by around 6%, to US$4.77 billion (KRW5.51 trillion), as the company began deploying five newly built very large crude carriers that have been committed to...
https://container-news.com/hmm-flags-coronavirus-concerns-after-loss-for-fifth-straight-year/