Business
Shares in Korean shippers rally after Iran conflict boosts freight costs
Shares in Korean shippers rally after Iran conflict boosts freight costs
About this update from Hmm Co.,ltd
Shares of South Korean shippers, including HMM KRX:011200, rallied on Tuesday after oil shipping costs surged to all-time high as the conflict in the Middle East intensified. HMM shares jumped 14% in Seoul trading.