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Tags Korea Development Bank (KDB)

Tag: Korea Development Bank (KDB)

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HMM sale to Harim-JKL collapses

Container News Team - 0
HMM will not be sold to the Harim Group-JKL Partners consortium, after talks with the South Korean flagship carrier’s state-controlled shareholders, Korea Development Bank...
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HMM suitor Dongwon receives KDB funding to run Busan terminal

Container News Team - 0
South Korean logistics and deep-sea fishing conglomerate Dongwon Group, which is one of the bidders for HMM, has secured approximately US$280 million in financing...
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Update: KDB to exchange 37% of HMM convertible bonds; state to sell nearly 58% stake

Container News Team - 0
Korea Development Bank (KDB) has announced that as part of its divestment of HMM's shares, it will sell all its existing shares, plus 37%...
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Advisors appointed for HMM sale

Container News Team - 0
Samsung Securities has been appointed to manage the sale of the South Korean government’s shares in HMM, while Samil PricewaterhouseCoopers and law firm Lee...
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Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

Container News Team - 0
HMM's two largest stakeholders, Korea Development Bank (KDB), and Korea Ocean Business Corporation (KOBC), announced on 2 March that they will form an advisory...
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KDB sounds out potential buyers for HMM shares

Container News Team - 0
Korea Development Bank (KDB) has identified Hyundai Motor, steel mill POSCO, logistics group LX Pantos and SM Line as potential buyers for its 20.69%...
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KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

Container News Team - 0
Korea Ocean Business Corporation (KOBC), a state-backed ship finance organisation, will invest US$69.5 million in the K-Container Box Fund Investment Program, along with Korea...
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South Korea’s Minister: HMM divestment depends on market conditions

Container News Team - 0
South Korea’s Minister for Oceans and Fisheries Cho Seung-hwan said on 6 October that stock market conditions and the shipping cycles would determine when...
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Hanwha poised to take charge of DSME

Container News Team - 0
South Korean chaebol Hanwha Corporation is set to enter the shipbuilding business after being named today (26 September) as a preferred bidder to buy...
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New KDB boss: HMM, DSME must be sold at soonest

Container News Team - 0
Newly appointed Korea Development Bank (KDB) chairman Kang Seok-hoon said in a press briefing that the bank must divest its holdings in the country’s...
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DP World multi-currency stablecoin for global trade settlement

News Ioanna Kontos - 0
DP World is partnering with financial institutions and technology providers worldwide to tackle persistent inefficiencies in cross-border payment systems. Businesses in emerging markets such as...
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Japan-US container trade grows in 2024

News Ioanna Kontos - 0
Container movements from Japan to the United States reached a total of 643,433 TEUs in 2024, marking a 5.7% increase compared to the previous...
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Strategic and Geopolitical Implications of Taiwan Strait: Comparative Analysis of G7 and BRICS Dependencies

CN Premium Articles Alexandros Itimoudis - 0
The Taiwan Strait serves as a crucial maritime corridor, linking major East Asian economies with the global market. This route's strategic value is highlighted by...
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Container Shipping Stocks: Weekly Performance Overview

News Giannis Nikolakis - 0
Container shipping has long been a critical pillar of global trade, facilitating the transport of goods across continents and powering economies. In the past...
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