Independent journal on economy and transport policy
04:21 GMT+2
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Hyundai Merchant Marine confirmation negotiations for the possible cession of the division Bulk
The Hahns & Co are on with the society of private South Korean equities.
January 21, 2016
Today the South Korean shipowning group Hyundai Merchant Marine (HMM), with an official notice to the Stock exchange of Seul, has confirmed that it has various measures under consideration in order to improve own capital structure, between which the possible cession of the division that takes care of the marine bulk transport for which the Hahns & Co are on contacts with the society of private South Korean equities.
HMM has specified that however still it is currently not defined an action line.
The division Bulk of the shipowning group has a constituted fleet gives about 70 ships, of which less than a third party for the transport of producing oil, gases and other liquid bulk and remaining for the heavy cargo and bulk transport the sand banks.
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