Hyundai Merchant Marine has joined the 2M Alliance along with Maersk and MSC, solving the third of the conditions required for refinancing, according to Yonhap News. The market response suggests this was broadly expected, with the shares rising 3.7% according to Bloomberg. Looking at U.S.-bound routes HMM adds 1.62% points of market share to the … Continue reading “Hyundai Merchant Solves Another Problem”