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Report: Hyundai Merchant Marine issues stock to raise funds

   HMM, Korea’s second largest carrier after Hanjin, will
sell 6.81 million convertible preferred shares worth 57 billion won to
Market Vantage Ltd. and make a
similar sale to Market Vantage in the second half of the year.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.