Hyundai Merchant Becomes Co-owner of Busan Terminal with PSA

SEOUL, Jan. 28 (Korea Bizwire) — South Korean shipping line Hyundai Merchant Marine Co. secured a 50 percent stake in a Busan terminal for a joint ownership with Singapore-based PSA International, the ocean ministry said Monday. The Ministry of Oceans and Fisheries said Hyundai bought back the stake of the Hyundai Pusan New-Port Terminal (HPNT), [...]