미분류

HMM sole bidder for Hanjin’s Asia-US route

By 박윤아
  • Published : Oct 27, 2016 - 10:47
  • Updated : Oct 27, 2016 - 10:47
[THE INVESTOR] Hyundai Merchant Marine may be the sole bidder for Hanjin Shipping’s Asia-US route, industry sources said on Oct. 27.

HMM, which is currently under a creditor-led restructuring program, is planning to submit a preliminary bid for Hanjin’s lucrative route, the sources said.

Potential bidders are required to submit their bids by Oct. 28. A final bidding is scheduled for Nov. 7.

Hanjin Shipping is seeking to sell its assets in an effort to survive an industry-wide slump and cash shortage.

Earlier this month, Hanjin’s route, seven overseas operations, and five container ships were put on the auction block.

(theinvestor@heraldcorp.com)