News / Korean banks must offer ship leasing to keep HMM fleet competitive

A South Korean lawmaker has called on the country’s banks to become more involved in the ship leasing business to help HMM build its fleet.

Choi In-ho, from the ruling Democratic Party of Korea, is a member of the National Assembly’s Agriculture, Forestry, Livestock, Food, Marine and Fisheries Committee.

At last week’s  session of the National Assembly, South Korea’s parliament, Mr Choi noted that the gap between the country’s flagship liner operator, HMM, and its seven larger competitors stood at just under ...