American ShipperMaritimeTrade Compliance

Report: Hyundai Merchant Marine issues stock to raise funds

· Monday, June 16, 2014

HMM, Korea’s second largest carrier after Hanjin, will sell 6.81 million convertible preferred shares worth 57 billion won to Market Vantage Ltd. and make a similar sale to Market Vantage in the second half of the year.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.