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The Korea Herald
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THE INVESTOR
March 29, 2024

Market Now

HMM to invest W3tr in mega container ships

  • PUBLISHED :September 28, 2018 - 14:43
  • UPDATED :September 28, 2018 - 14:43
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[DISCLOSURE] Hyundai Merchant Marine (011200) announced on Sept. 28 that it has decided to invest 3.25 trillion won (US$2.84 billion) in 12 23,000-TEU container vessels and 8 15,000-TEU container vessels. 

This amounts to 351.56 percent of its equity capital.

By Hwang You-mee (glamazon@heraldcorp.com)

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