Container

Alphaliner: Growing risk of biggest container bankruptcy ever

A bankruptcy of Hyundai Merchant Marine (HMM) would become the biggest ever in the container sector, and creditors, including a range of shipowners, seem on the way to taking over control with the shipping group.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine
BY OLE ANDERSEN

The potential risk of bankruptcy in the South Korean shipping conglomerate Hyundai Merchant Marine is far from averted, and if it happens, it would be the largest bankruptcy ever seen in the international container industry.

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