Shipping lines are sub-letting tonnage to profit from firm charter market
Charter rates continue to defy the freight market, with HMM sub-letting a chartered vessel to ...
Korea Development Bank and Korea Ocean Business Corporation are expected to increase their stake in HMM to 59%, as HMM will repay 6% of convertible bonds issued to the two state-backed institutions.
The repayment amounts to nearly $74m, after the windfall from the Red Sea crisis ...
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