Media: Korea Line owner retracts offer for Hanjin's terminals
SM group, which owns Korea Line, has abandoned its offer for Hanjin's share of terminal company Total Terminals International. Instead, Hyundai Merchant Marine and MSC seem to be the obvious candidates to buy the company, which covers the terminal in Long Beach, US.
SM Group, which is behind Korea Line, has pulled out of the battle for Hanjin Shipping's terminal in Long Beach, California, report South Korean media.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
HMM and MSC join forces to buy Hanjin's US port stake
For subscribers
2M picks up Hanjin's market shares on Asia-US
For subscribers
Hanjin Shipping's 141 vessels have now been emptied
For subscribers
.jpg&w=384&q=75)
