Korea Marine Transport Co (KMTC Line) remains the top-earning South Korean feeder operator, recording a 91% year-on-year boost in revenue. All 12 privately owned South Korean feeder operators have released their 2021 results, as required by law for companies with assets exceeding KRW12bn ($9.6m). Last year, KMTC Line reported revenue of $3.02bn, up 91% year on year, while net profits soared nine-fold to $1.22bn. Income from shipping operations nearly doubled on 2020, …
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