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Tag Archives: SM LINE

SM Line denies merger with HMM

SM Group, a midsized South Korean conglomerate, said Thursday March 14, that it has no plan to merge its shipping line with the country’s leading shipper, Hyundai Merchant Marine Co. Instead, it will aim for a turnaround this year, and seek to open routes linking to Europe and other regions. …

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Korea pushes HMM and SM Line for merger, reports say

The government is reportedly pushing for a merger between Hyundai Merchant Marine, the top in the shipping industry, and SM Line, the second. The government, which expected SM Line to face a managerial crisis due to the worsening shipping industry, seems to have decided that the integration would be a …

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