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Shares in Korean shippers rally after Iran conflict boosts freight costs

ReutersMar 3, 2026 12:34 AM

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.

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