Korea's HMM has revealed bullish targets for market share and volumes as it defended its ordering of mega-containerships.
In September, it contracted 20 vessels at Korea's big three yards, including twelve 23,000-teu and eight 15,000-teu units.
From delivery in 2020, it expects that fixed costs will significantly decrease, fuel efficiency will largely improve, and bunker costs will "moderately decrease through installed scrubber systems for compliance with IMO 2020 environmental regulations."
