Subscribe to RSS feedHanjin buoyed by bulk trade revival and rise in box traffic
by
Keith Wallis, Hong Kong
—
last modified
May 17, 2010 10:08 AM
SOUTH Korea’s Hanjin Shipping saw a recovery in its financial fortunes in the first quarter after cutting net losses while posting a small operating profit, the company said on Monday.
The line, which operates around 200 containerships, bulkers and liquefied natural gas carriers, posted a net loss of US$118m between January and March.
This compared with a US$191m net loss in the first quarter last year and a fourth-quarter net...
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