13 04, 2016

Hyundai running into serious financial troubles

2024-11-22T09:35:17+01:00

Thirty three owners of container vessels chartered to shipping line Hyundai Merchant Marine (HMM) headquartered in South Korea, have again rejected the company’s plea to cut daily vessel hire costs. […]

Hyundai running into serious financial troubles2024-11-22T09:35:17+01:00
1 04, 2016

PSA profit falls 9.5%

2024-11-22T09:33:20+01:00

Singapore-headquartered port operator PSA International (PSA) posted a 9.5% year-on-year decline in net profit to US$933.32 million drawn on revenues which fell 6.7%.due to the softening of global trade and […]

PSA profit falls 9.5%2024-11-22T09:33:20+01:00
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