Container

HMM records its largest profit ever – expects higher bunker prices in 2022

South Korea’s HMM joins the group of container carriers finishing 2021 with record results. The shipping line expects significantly higher bunker prices in 2022. Increased payments for fuel could create new financial headaches for shippers.
Photo: PR / HMM
Photo: PR / HMM
by DANIEL LOGAN

HMM finishes 2021 with its best result on record, thereby following the trend seen in the extreme freight market that’s characterized by historically high rates.

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