Hyundai Glovis is reported to be facing restrictions on the tonnage it can use to export cars from South Korea to the US.
According to local press reports the US government is said to be considering imposing a mandate on Hyundai Glovis to use US-flagged ships on the trade.
As of 2015, shipments to the US represented around 20% of Glovis’s total car carrier business from Hyundai Motor Group, according to Nomura.
However,
