SK Shipping

HMM must not be slanted towards containers, says KOBC boss

The new president of Korea Ocean Business Corporation (KOBC), HMM’s second-largest shareholder, said that South Korea’s flagship container line should diversify further beyond its main business.

Ahn Byung-gil was discussing HMM’s plan to acquire SK Shipping’s tanker and dry bulk operations.

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https://container-news.com/hmm-must-not-be-slanted-towards-containers-says-kobc-boss/

HMM launches due diligence for SK Shipping acquisition

South Korea’s major shipping company HMM is exploring the acquisition of SK Shipping, excluding its liquefied natural gas (LNG) transportation division, in a deal valued at approximately 2 trillion won (US$1.4 billion), according to investment banking sources.

HMM is currently conducting due diligence on SK Shipping’s tanker, liquefied petroleum gas (LPG) carrier, bulk cargo, and other shipping businesses from its majority owner, Hahn & Co, while Morgan Stanley seems the manager of the sale...

https://container-news.com/hmm-launches-due-diligence-for-sk-shipping-acquisition/

Samsung Heavy ordered to pay $290 million to SK Shipping over LNG carrier defects

South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.

The post Samsung Heavy ordered to pay $290 million to SK Shipping...

https://www.offshore-energy.biz/shi-ordered-to-pay-290-million-to-sk-shipping-over-lng-carrier-defects/