HMM promises to invest $11 billion by 2026 disregarding privatization plans

South Korea’s biggest container shipping firm by sales figures has now unveiled its long and short-term strategies. The company which was formerly known as Hyundai Merchant Marine announced that it would expand its’ cargo capacity to 1.2 million TEU by 2026 from the current 820,000 TEU, investing over 15 trillion won ($11 billion) in ships […]

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