News / Hapag-Lloyd shows interest in buying HMM, but it may not be 'politically feasible'

Hapag-Lloyd has shown interest in acquiring South Korean flagship carrier HMM, making it the first foreign entity to be involved, sources said.

With just three days  before bids close, The Loadstar was told by sources in South Korea’s securities and investment banking sector Hapag-Lloyd had requested a prospectus from Samsung Securities, which is handling the sale of the state’s majority stake in HMM.

A carrier spokesperson said: “Hapag-Lloyd is always studying possibilities to further develop and grow our business. In that context, ...