State-backed ship financing institution Korea Ocean Business Corporation (KOBC) has agreed to a third round of container leases with the country’s flagship liner operator, HMM.
KOBC announced on 17 December that it will lease 86,000TEU in 40ft containers, in order to overcome the well-documented container shortage that has plagued the industry since the peak season began in July.
Since October 2019, KOBC has signed three container leasing agreements with HMM, for a total of 280,000TEU. The...
https://container-news.com/kobc-ups-box-leasing-to-hmm-as-shortages-drag-into-2021/