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17 September 2021 The on-line newspaper devoted to the world of transports 19:14 GMT+2

March 8, 2002

HMM says sale of auto-shipping unit to be wrapped up in April

Hyundai Merchant Marine (HMM) said yesterday it expects to finalize the sale of its automobile shipping division, estimated to be worth $1.5 billion, to Wallenius Wilhelmsen of Europe as early as mid-April, as it usually takes about one to two months to wrap up a deal of this size.

A delegation from Wallenius Wilhelmsen visited the HMM central office yesterday ......
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