South Korea's Hanjin Shipping Co. expects its sales to rise by five to six percent to $3.5 billion in 1999 from a year earlier, according to company officials.
Officials said that the company's net profit for the second half of 1999 is expected to be higher than the $10 million posted in the January-June period.
Related News
27 Oct 2026
Japanese Giants Join Forces on Four Ammonia-Fueled Car Carriers
Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain and build four ammonia-fueled car carriers…
22 Oct 2026
Citi: Oil Prices Remain Unstable Despite Recovering Gulf Exports
Citi said on Thursday that near-term risks to oil prices remain skewed to the upside despite a recovery in Gulf crude exports…
22 Oct 2026
Greece, Egypt Discuss Extending EEZ Towards Cyprus
Greece and Egypt are discussing extending their Exclusive Economic Zone eastwards towards Cyprus after eastern Libya's parliament ratified a disputed
22 Oct 2026
ABS, Ørsted Tapped for 2026 NOIA Award
The National Ocean Industries Association (NOIA) has named the American Bureau of Shipping (ABS) and Ørsted the winners of…