HMM reported lower revenue and profit for the first quarter of 2026 as container freight rates declined and operating costs increased. Revenue fell 4.8% year-on-year to KRW 2,719 billion. Operating profit dropped 56% to KRW 270 billion, while net profit declined 52% to KRW 354 billion. HMM said the average Shanghai Containerized Freight Index fell […] The post HMM Q1 profit falls appeared first on Container News .