Hyundai Merchant Marine plans to invest in new 22,000 TEU vessels, and while there are no specifics on the number of vessels it is being driven by a “national expectation for being a leading shipping nation”. The investments would follow a significant capital increase and the creation of the Korea Shipping Partnership (KSP) earlier this year. Hyundai MM currently charters 71% of its capacity, with the 12 vessels it owns averaging 8,800 TEUs. With an orderbook of just 22,000 TEUs currently it may have plans for significant growth. A return to expansion would follow a poor year for perform...