Hyundai Merchant sinking deeper into trouble
(WorldNews Business)

A Hyundai Merchant Marine container ship / Courtesy of Hyundai Merchant Marine Shipper extends losing streak to 16 straight quarters. By Nam Hyun-woo Hyundai Merchant Marine CEO Bae Jae-hoon Hyundai Merchant Marine (HMM) is sinking deeper into trouble, as despite efforts to normalize operations, the shipper has continued to lose money over the past four years amid the global slowdown and intensifying competition, according to industry analysts, Sunday. CEO Bae Jae-hoon has been trying to implement a...