News / Not the time to wean HMM off state support, says Seoul's new government

Cho Seung-hwan. Credit: President Yoon Suk-yeol’s transition committee

27/05/2022

South Korea’s new minister of oceans and fisheries has U-turned on the state releasing its grip on flagship carrier HMM, saying it is not ready to be privatised.

Cho Seung-hwan was appointed on 10 May after South Korea’s new conservative president, Yoon Suk-yeol, was sworn in.

His ...

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