South Korea’s flagship box line HMM is set to become a minor shareholder in compatriot shipping outfit Polaris Shipping, which focuses on operating very large ore carriers.
HMM and state-backed ship finance institution Korea Ocean Business Corporation are participating as financial investors in Woori Private Equity Asset Management (Woori PE), a private equity fund headed by Woori Financial Group.
Woori PE has been chosen as the preferred buyer to acquire Polaris Shipping from its owners, Kim Wan...
https://container-news.com/hmm-to-become-minority-owner-of-polaris-shipping/
