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Samra Midas Group to buy other Hanjin Shipping assets
(The Korea Times)
January 12, 2017
By Jhoo Dong-chan The Korea Times
Samra Midas (SM) Group, which acquired Hanjin Shipping's Asia-North America shipping route, wants to buy more of the ailing shipping company's assets - the Gwangyang terminal in southwestern Korea and the Gyeongin container terminal near Incheon.
According to investment banks on Thursday, SM Shipping, a new container line created by the group after it completed acquisition of the Asia-North America shipping route, has recently decided to acquire 100 percent of the Gwangyang terminal and 85.45 percent of the Gyeongin terminal ...... Read more on The Korea Times
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