KOBC shifts funding focus from now stable HMM to intra-Asia operators
South Korea’s state-backed ship finance institution Korea Ocean Business Corp (KOBC) is to provide more ...
– Recovery plan gaining momentum through sale of Hyundai Securities, formal contract of bulk dedicated business signed and personal donations made
– Charter cut negotiation begins on February 22, with goal to complete talk by mid-March…Creditors’ meeting to be held in mid-March
The additional restructuring plan proposed by Hyundai Group, which was announced on February 2, is gaining momentum.
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