News / HMM workers protest against 'hasty sale' to 'mid-sized concerns'

Fearing threats to their job security from a potential sale of HMM, carrier employees demonstrated outside the Korea Development Bank building in Seoul today.

The liner’s main shareholders, KDB and Korea Ocean Business Corp, representing the state’s interest, plan to sell a majority stake in HMM, as they feel it is time it was released from government support.

Forty unionised shore-based and seafaring staff denounced attempts by KDB and KOBC to sell HMM to what they ...