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HMM secures financing for eight newbuilds

South Korean HMM signs a financing agreement with British bank Standard Chartered for more than half a billion dollars. The funds will finance a series of eight newbuilds.

Photo: HMM

HMM secures financing for eight new container vessels.

The South Korean carrier has entered an agreement with British financial services company Standard Chartered for a loan facility totaling USD 584 million, according to several media.

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