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South Korea s top container shipper HMM Co. said Wednesday its earnings tumbled in 2023 from a year earlier due to sluggish demand and lower freight rates. ....
Negotiations on the sale of South Korea s top container shipper HMM to a local consortium fell apart due to differences over some issues, creditors said Wednesday. ....
The sale of top container shipper HMM drifted away late Tuesday, as negotiations between two state agencies and a local consortium broke off after weeks of remaining at odds over the terms. The state-run Korea Development Bank and Korean Ocean Business Corp. holding a combined 57.9 percent stake in HMM, had been in talks with a local consortium formed by agri-food giant Harim and private equity firm JKL Partners, to . ....
Harim Named Preferred Bidder for Top Container Shipper HMM koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.