South Korea’s HMM is wasting little time in spending its profit to grow its fleet.
It has spent $60.5m on three 19-year-old feeder boxships.
Container ship players said HMM acquired the 2005-built trio from two companies — Regional Container Lines and MPC Container Ships.
Sources said it bought the 2,478-teu AS Paola from tonnage provider MPC Container and acquired the 2,378-teu Wana Bhum and Xutra Bhum from RCL.
