HMM Sells Stake in Spanish Container Terminal to CMA CGM

SEOUL, Aug. 10 (Korea Bizwire) — South Korea’s leading shipper HMM Co. said Monday that it has signed a deal to sell a 50 percent minus one share stake in a container terminal in Spain to French shipping giant CMA CGM for 58.9 billion won (US$49.5 million). HMM said it will set up a joint [...]