HMM expects better market – but trade war looms

HMM expects increasing rates during the peak season, but the US-China trade war dampens growth, the container line writes in its first quarter financial report.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

South Korean container line HMM expects a better market during 2019, but the trade war between the US and China continues to block a full recovery of freight rates, the company states in its quarterly report.

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