HMM Makes Steady Profits, Growth Optimistic

HMM projects strong growth will continue through 2023 thanks to sturdy container freight rates.
The company’s optimism is seconded by some industry analysts.
HMM cited soaring demand, congestion at major ports and the impact of the Suez Canal blockage in March as the reasons behind its optimism.
The 200,000-metric-ton Ever Given blocked the Suez Canal in Egypt for six days, which delayed the passage of hundreds of vessels through the waterway.

A recent news article published in the Korea...