South Korean state may prefer bigger stake in cash-rich HMM to a sale
The South Korean state could increase its stake in HMM to 72%, as the country’s ...
HMM appears to be going into its partnership with THE Alliance early, announcing that it will be dumping its beleaguered Asia-North Europe service later this month.
It will be terminating its AEX rotation and, instead, making use of capacity from THE Alliance on the Asia-Europe tradelane eight months before its planned entry into the alliance in April 2020.
One source told The Loadstar HMM had, in part, launched the AEX service in an attempt to “protect its identity”, but noted that it had ...
Comment on this article