<p>South Korea’s national carrier HMM has officially withdrawn its bid to acquire the tanker and bulker assets of SK Shipping, ending months of discussions after a persistent valuation gap made the deal untenable. SK Shipping’s majority owner, Hahn &#38; Company, has terminated HMM’s status as preferred bidder and will seek new bidders. Both parties were &#8230;</p> </p><p><p>https://splash247.com/hmm-walks-away-from-sk-shipping-deal-as-price-gap-proves-insurmountable/</p></p>

...See more

shipping_news

Post Image

HMM walks away from SK Shipping deal as price gap proves insurmountable - Splash247

https://splash247.com/hmm-walks-away-from-sk-shipping-deal-as-price-gap-proves-insurmountable/

Back