By Mike Wackett
Privatisation of South Korean ocean carrier HMM is finally set to progress, now Seoul-based investment bank Samsung Securities has been appointed to find a buyer, according to Alphaliner.
The on-off sale of the state’s approximate 45% stake in the carrier has been in the air since 2021, but now the chairman of the largest shareholder, Korea Development Bank (KDB), has pledged it will be carried out in “a speedy manner”.
Following two years of record profitability, liner shipping has entered a fallow ...
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