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Hyundai Merchant Marine expects losses until mid-2018

Wednesday, February 8, 2017 - 05:50

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Mr Yoo says that the company will take advantage of a government aid package for shipping companies.

Singapore

HYUNDAI Merchant Marine Co, South Korea's biggest sea carrier, said that it will post losses till the first half of 2018 as the container shipping industry attempts to recover from Hanjin Shipping Co's bankruptcy and years of excess capacity.

As a hedge against adverse

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