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Tags Korea Ocean Business Corporation (KOBC)

Tag: Korea Ocean Business Corporation (KOBC)

HMM must not be slanted towards containers, says KOBC boss

The new president of Korea Ocean Business Corporation (KOBC), HMM’s second-largest shareholder, said that South Korea’s flagship container line should diversify further beyond its...

KOBC Container Composite Index jumps, Busan-US spot rates surge

The Korea Ocean Business Corporation (KOBC) announced that the latest KOBC Container Composite Index (KCCI) stood at 3,480 points, reflecting a 4.41% increase from...

HMM acquires more than 112,000 containers after lease amendment

South Korea’s flagship carrier HMM will take over more than 112,000 containers that it originally had on operating lease from state-controlled financial institution Korea...

Higher consumption in China, US contributed to rate spike

Rising consumption before and after China’s Labour Day holiday, the Canadian railroad strike and concerns relating to the labour-management conflict at US ports are...

HMM sale to Harim-JKL collapses

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...

Korea Development Bank, Korea Ocean Business Corporation start HMM sale process

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...

Seoul to help shipping lines acquire port assets through KOBC

South Korea's state-backed ship finance institution Korea Ocean Business Corporation (KOBC) is set to help compatriot liner operators to acquire port and terminal assets. On...

KOBC, KDB start container leasing scheme for mid-sized South Korean feeder players

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...

“Time for us to take our hands off HMM,” says KDB chairman

Korea Development Bank (KDB) chairman, Lee Dong-gull said on 1 December that the time has come for the South Korean state-backed policy lender to...

South Korean government’s HMM stake sale to be outlined in 2022 first quarter

The South Korean government is discussing the offloading of the state's shares in HMM with the Financial Supervisory Service, Korea Development Bank (KDB) and...
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