South Korean container carrier HMM was today the latest carrier to report bumper third-quarter figures following soaring spot rates earlier in the year.
HMM today published third-quarter revenues of SKw3,552bn ($2.53bn), a 67% year-on-year rise over the same period in 2023.
Meanwhile, its profits soared: Q3 EBIT of SKw1,461bn was an astonishing 1,822% above the SKw76bn posted last year, and net profit grew 1,731%, to SKw1,739bn.
The results came via a 41.1% operating …
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