Private equity group Hahn & Company is making a move for HMM's bulker fleet.
Korea's HMM confirmed on Thursday it is in talks with Hahn-controlled shipowner H-Line, which it set up to operate vessels acquired from Hanjin Shipping in 2013.
It will pay about KRW 600bn, the Korea Economic Daily said, citing investing banking sources.
This will comprise KRW 100bn in cash and the assumption of KRW 500bn of debt.
HMM
