Lloyd's List is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

HMM to impose fuel surcharge, issues $883m long-term bonds

Korea Development Bank will buy Won400bn of convertible bonds and Won600bn of warrant bonds, both with a maturity of 30 years, and then sell 50% of them to Korea Ocean Business Corp. The deal comes as South Korean carrier strives to scale up by ordering large new ships

HMM has also said it will be introducing a fuel surcharge to offset rising fuel costs ahead of the IMO 2020 sulphur cap

Advertisement

Related Content

OOCL to introduce bunker recovery charge
HMM signs contracts on 20-containership order
HMM slides into deeper losses

Topics

Advertisement
UsernamePublicRestriction

Register

LL1124778

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel