The South Korean government has set aside KRW470 billion (US$382 million) in emergency funding for mainline operator HMM as the maritime industry faces another crisis in the form of the Covid-19 pandemic.
The funds are part of a wider KRW1.25 trillion (US$1.01 billion) fund announced by the Ministry of Oceans and Fisheries (MOF) on 23 April 2020, to help South Korean ship owners and shipbuilders tide over the crisis, which has disrupted supply chains and shipping demand.
Funds allotted to HMM...
https://container-news.com/seoul-sets-aside-us382m-emergency-fund-for-hmm/