What a merger between Hanjin and HMM would look like

© Khunaspix Dreamstime.

Rumours of a possible merger between South Korean box lines Hanjin Shipping and Hyundai Merchant Marine simply will not go away. Although HMM last week denied that a merger was on the table, following local reports that the government had requested the companies begin talks. Financially, both lines have been treading thin ice for a number of years and with merger discussions between China Shipping and Cosco underway, the rationale is probably stronger than ever. But in the absence of any hard news, Splash 247 this morning published an insight into what a combined entity consist of.