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With just days to go before a preferred buyer is nominated to take the state’s interest in South Korean flagship carrier HMM, South Korea’s national seafaring union has joined calls opposing the deal.

The Federation of Korean Seafarers’ Unions (FKSU) today vowed to stop the sale of HMM to what it called “irresponsible companies”.

Last Thursday, before the one-day tender closed at 5pm local time, Dongwon, South Korea’s largest fishing group, and Harim, parent of Pan Ocean, the country’s largest dry bulk ...

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    Topics

    Hanjin HMM Korea M&A