Hyundai Merchant has scaled back after 2M arrangement

Hyundai Merchant Marine has reduced its capacity by 28 percent in the period from April to June, according to Alphaliner. HMM has chartered nine vessels to the 2M alliance members Maersk Line and MSC, with whom the South Korean carrier has formed a vessel sharing agreement.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine

South Korean container carrier Hyundai Merchant Marine (HMM) has significantly reduced the capacity under its own management.

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