shipping industry

1. Financial Results for Q3 2025
HMM reported Q3 revenue of KRW 2,706 billion (approximately US$1.85 billion) and an operating profit of KRW 297 billion (~US$205 million). Its net profit for the quarter came in at KRW 304 billion (~US$210 million). 
Despite the steep year-on-year decline, the company still maintained an operating margin of about 11%.

Background

ONE, a major player in the global container-shipping industry, held earlier profit expectations which it has now revised downward.

What Changed

The company has halved its projected full-year profit to US$ 310 million as it faces deteriorating market conditions and persistent disruptions in global trade venues. 

Why This Matters

1. Context & Forecast

• According to Alphaliner’s analysis, container shipping lines could be hit with USTR-imposed port fee liabilities reaching US$3.2 billion in 2026.
• This expected fee burden stems from trade policy changes, stricter enforcement, and shifting regulations targeting port services used by foreign carriers. 

2.