HMM has returned to profit in the second quarter on the back of a decline in operating costs and an increase in liner surcharges preliminary figures released Wednesday show.
South Korea’s largest shipowner reported a net profit of KRW 28.1bn ($23.6m) for the April to June 2020 period, according to a regulatory filing.
A year ago, the containership, bulker and tanker owner posted a second quarter loss of KRW 200.7bn
