Corona pandemic cost HMM one in five containers

The effects of the corona pandemic hit South Korea's HMM in the first quarter, in which the shipping line transported almost 20 percent fewer containers. Prospects for the second quarter are uncertain for a number of reasons.

Photo: HMM

South Korean container major HMM was impacted by the coronavirus outbreak in the first quarter, according to the carrier's interim report, published on Friday.

The total number containers transported by the shipping line in the first three months dropped by 18.7 percent as a consequence of the problems that arose in the supply chain, first and foremost in March and especially in China.

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