HMM reviewing taking over Hanjin’s US terminal

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HMM reviewing taking over Hanjin’s US terminal

PUBLISHED :January 17, 2017 - 17:14
UPDATED :January 17, 2017 - 17:14

[DISCLOSURE] Hyundai Merchant Marine (011200) acknowledged that it is reviewing acquiring Hanjin Shipping’s blue-chip assets, including its stake in a terminal in Long Beach, California, to strengthen its competitiveness and secure hub terminal, but did not provide any specifics, in a statement released in response to Korea Exchange’s inquiry regarding media reports.

(theinvestor@heraldcorp.com)

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HMM reviewing taking over Hanjin’s US terminal

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