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Hyundai Merchant Gets Boost From Strategic Partnership With Shipping Alliance

SEOUL, Dec. 12 (Korea Bizwire) – Stocks of Hyundai Merchant Marine Co. traded higher on the Seoul bourse Monday, rebounding from the previous session’s 6 percent drop, after it agreed to a “limited partnership” with the world’s largest shipping alliance. Hyundai Merchant changed hands at 7,060 won as of 10:30 a.m., up 2.17 percent from [...]

Hyundai Merchant in Final Talks to Join Major Shipping Alliance

SEOUL, Dec. 7 (Korea Bizwire) – Hyundai Merchant Marine Co., a major shipping line here, has started its final talks to join a global shipping alliance to survive the cutthroat competition in the global shipping sector. According to the sources, the shipper’s negotiation team began the talks in Copenhagen with 2M Alliance, the world’s largest [...]