HMM Steps Up for Team South Korea, and Itself — Panjiva
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HMM Steps Up for Team South Korea, and Itself

Cons. Discr. - Autos 1247 Corp - Shipping 1026 Financing 115 Info Tech - Tech Hardware 862 Logistics 476 Mode - Seaborne 1845 South Korea 605 U.S. 5399

Hyundai Merchant Marine will help offset the disruption to South Korean exporters from Hanjin Shipping’s move to receivership. Aside from the commercial interest, it helps the government’s objective of protecting a fragile export recovery. LG, Samsung and Nexen rely on Hanjin for U.S. exports, Panjiva data shows, with Hyundai potentially more than doubling its business on the route.

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