Container

HMM and new owner create shipping behemoth with 400 ships

The sale of HMM to Harim Group, owner of shipping company Pan Ocean, creates a new shipping giant with ships in a wide range of segments. 
The South Korean government sells over 60% of the shares in container shipping company HMM to Harim Group. | Photo: Axel Heimken/AP/Ritzau Scanpix
The South Korean government sells over 60% of the shares in container shipping company HMM to Harim Group. | Photo: Axel Heimken/AP/Ritzau Scanpix
by TOMAS KRISTIANSEN

With the selection of Harim Group as the buyer of the majority of HMM, the sellers in the form of two state-owned banks have ensured that the container line remains South Korean hands.

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