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Tags Korea Development Bank

Tag: Korea Development Bank

“Time for us to take our hands off HMM,” says KDB chairman

Korea Development Bank (KDB) chairman, Lee Dong-gull said on 1 December that the time has come for the South Korean state-backed policy lender to...

Seoul to finance HMM newbuildings and demands more Pacific capacity

The South Korean government is intensifying efforts to support the country’s liner shipping industry and shippers amid an unprecedented spike in demand. Speaking on 9...

Sinokor gets nearly US$180m in loans from policy lenders

South Korean financial institutions have put up a loan package of nearly KRW200 billion (US$179 million) for Sinokor Merchant Marine, the country’s second largest...

Seoul sets aside US$382m emergency fund for HMM

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...
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MSC and ZIM downsize joint Far East-US East Coast service network

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