Hyundai Merchant Surges as It Seeks to Join 2M Alliance

  • Alliance of Maersk and Mediterranean Shipping is known as 2M
  • Joining 2M will boost competitiveness, Korean company says

Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for South Korea’s second-biggest container liner will get a boost as it seeks to join the world’s largest shipping alliance.

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