Shares in Korean shippers rally after Iran conflict boosts freight costs
03/03/2026 24:31
SEOUL, March 3 (Reuters) - Shares of South Korean shippers, including HMM 011200.KS, 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. (Reporting by Hyunjoo Jin Editing by Ed Davies) ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))
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