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HMM still in the black but sees several worrying signs ahead

South Korea's biggest container line, HMM, also makes a strong exit from the third quarter. But the company is concerned about the surge in Covid-19 cases and the US Presidential Election.

Photo: PR / HMM

South Korean container major HMM has, like most of its rivals, fared well during the coronavirus crisis.

Tight capacity control during the first wave of the outbreak and large inventory build-up in the US and Europe have led to some of the highest rates on container freight seen in a long time.

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