Independent journal on economy and transport policy
19:39 GMT+2
HMM, Hyundai Motor strike agreement on terms of long-term auto-shipping contract
(The Korea Herald)
April 15, 2002
Hyundai Merchant Marine (HMM) and Hyundai Motor have finally come to an agreement on the terms of their long-term auto-shipping contract, company sources said yesterday.
The agreement is likely to help HMM close a takeover deal for its auto shipping fleet with Scandinavian corporation Wallennius Wilhelmsen within this month.
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