Hyundai Merchant inching closer to acquiring remains of Hanjin

Container carrier Hyundai Merchant Marine has hired a consultant agency to help identify the healthy parts of its collapsed competitor, Hanjin Shipping, report Korean media.

Photo: PR-foto/Hanjin Shipping

South Korea's Hyundai Merchant Marine (HMM) has taken a step closer to acquiring parts of its collapsed competitor Hanjin Shipping.

According to several Korean media, including Korea Herald, HMM has hired the global consultant agency A.T. Kearney to assist in the strategy work with tasks including the identification of which parts of Hanjin are healthy and, as such, candidates for acquisition.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Shipping in a safe position despite shaky world economy

Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”

Further reading

Related articles

Latest news

See all jobs