South Korean state may prefer bigger stake in cash-rich HMM to a sale
The South Korean state could increase its stake in HMM to 72%, as the country’s ...
Like a footballer returning from a potentially career-ending injury who appears unable to commit to a tackle, the spectre of Hanjin continues to haunt the South Korean shipping industry – it is hard to overstate just how traumatic many found the bankruptcy of its largest shipping line; surely one of the key reasons why the country’s government continues with its support of Hyundai Merchant Marine.
[One little-reported news item from a month ago is the company’s formal rebranding into just plain ...
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