Tags Korea Development Bank (KDB)

Tag: Korea Development Bank (KDB)

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HMM must not be slanted towards containers, says KOBC boss

Container News Team - March 12, 2025 0

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...

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HMM sale to Harim-JKL collapses

Container News Team - February 7, 2024 0

HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...

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HMM suitor Dongwon receives KDB funding to run Busan terminal

Container News Team - September 4, 2023 0

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...

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Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Container News Team - July 21, 2023 0

Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...

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Advisors appointed for HMM sale

Container News Team - March 28, 2023 0

Samsung Securities has been appointed to manage the sale of the South Korean government’s shares in HMM, while Samil PricewaterhouseCoopers and law firm Lee...

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Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

Container News Team - March 3, 2023 0

HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...

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KDB sounds out potential buyers for HMM shares

Container News Team - November 24, 2022 0

Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...

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KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

Container News Team - October 21, 2022 0

Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$69.5 million in the K-Container Box Fund Investment Program, along with Korea...

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South Korea’s Minister: HMM divestment depends on market conditions

Container News Team - October 7, 2022 0

South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market conditions and the shipping cycles would determine when...

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Hanwha poised to take charge of DSME

Container News Team - September 26, 2022 0

South Korean chaebol Hanwha Corporation is set to enter the shipbuilding business after being named today (26 September) as a preferred bidder to buy...

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