SM Line visualizes another leap forward with IPO
SM Line Corp., the container shipping unit under Samra Midas (SM) Group in South Korea, projected a huge leap forward after going public by the end of the year.
“SM Line is growing as a leading unit of the group’s shipping business sector,” said SM Group Chairman Woo Oh-hyun on Monday while pledging a support for the company to help the country’s exporters and strengthen its position in the global market.
The company plans to broaden its business on the American route and expand network in Asia by joining K-Alliance, an alliance of Asian ocean carriers.
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