CONTAINER

SM Lines buys a minority stake into HMM

Published 4. Jan 2022 12:50 PM

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Korean operator and liner SM Lines have reported that they have bought a minority stake into the government backed HMM

The South Korean government have previously revealed that they are looking to sell their stake in the major liner which currently owns and operates around 130 vessels. 

SM Lines has announced that they have bought a 0.49% stake in HMM for $14m.

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