The sale of 58% of the capital of the South Korean containerized shipping company HMM to the consortium formed by compatriots Pan Ocean and JKL Partners, who in the end was selected as the bidder last year preferential use in the quota sale procedure ( of 19 December 2023). To give news today of the negative outcome of the HMM and the South Korean food group Harim, which is owned by the shipping company Pan Ocean, which operates mainly in the bulk carrier segment but also in the other major sectors of maritime transport, and society private equity firm JKL Partners.

Recalling that last December Pan Ocean and JKL had entered into a sales agreement and a shareholders' agreement with the South Korea's Korea Ocean Business Corporation (KOBC) and Korea Development Bank (KDB), which together own about 58% of the HMM, HMM and Harim explained that the negotiations on the main contents of the bondholders' agreement, initiated On 20 December, they did not lead to any agreement. Aside KOBC specified that the parties maintained confidence in the over the course of the seven weeks of negotiations, and although the negotiations have taken place in good faith, have been concluded due to disagreements on some issues.

Recall that last summer the hypothesis of sale had faded of the shares in HMM held by KOBC and KDB in the German Hapag-Lloyd ( of 30 August 2023).