HMM reefers Credit HMM
Credit HMM

Growing speculation in South Korea over the future ownership of the country’s flagship carrier HMM has led to denials by both Hyundai Motors and Hyundai Glovis that they are interested in acquiring the carrier.

Speculation has been fuelled following the appointment of former Hyundai Glovis CEO, Kim Kyung-bae, as HMM’s next CEO.

Mr Kim is expected to take office on 26 March, when HMM’s incumbent CEO, Bae Jae-hoon, completes his term.

Last year, there was speculation in the South Korean media that local ...

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