Hyundai Merchant Marine (HMM) has agreed a three-year slot purchase and exchange deal with the 2M alliance, but has been denied membership of the VSA.
The agreement dubbed the 2M + H Strategic Cooperation will also see Maersk Line and MSC take over the charter and operation of a number of the South Korean carrier’s fleet.
HMM described the deal as “the best result”, given its financial status, which it said gave …
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