News / With shipping coalitions set for launch, HMM snaps up more Hanjin terminals

16/02/2017

Hyundai Merchant Marine (HMM) has continued to pick at the bones of erstwhile compatriot Hanjin, today announcing the acquisition of more of its terminal network.

HMM said it had agreed to pay W15bn ($13.15m) for Hanjin Pacific Corporation’s container terminals in Tokyo and Kaohsiung. The price ...

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David Cole
February 16, 2017 at 3:14 pm
I’m curious if you have any news on CEVA International. I have not seen year end reports or 4th quarter results. Management seems to be very closed mouth about the goings on here at this company.
It’s no secret that Leon Black has wanted to unload the company for sometime and there have been a number of rumors for potential buyers, but nothing solid. It would be nice to hear what the industry has to say.

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- Alex Lennane
  February 16, 2017 at 3:23 pm
  Thanks for your comment – and good timing! We are shortly to publish an article on CEVA, which I believe is currently in its quiet period, as it is announcing its results on Feb 28. Stay tuned!
  
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