South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing from KDB Smart Ocean Infrastructure Fund, a scheme led by state-controlled policy lender Korea Development Bank (KDB).
The funds will be used to operate a new container terminal under Phases 2-5 and 2-6 of Busan New Port’s West Container Terminal, which upon its opening in the first half of 2024, will be the country’s first fully...
https://container-news.com/hmm-suitor-dongwon-receives-kdb-funding-to-run-busan-terminal/