Tue, Jan 27
    SeaNews Türkiye - Maritime Intelligence
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    Seoul to buy HMM ships for US$644 million, then lease them back

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    Seoul to buy HMM ships for US$644 million, then lease them back
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    KOREA's troubled container carrier, Hyundai Merchant Marine (HMM), said it will receive KRW750 billion (US$644 million) from the government, which is expected to buy and charter back vessels to the shipping company, reports American Shipper.

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