ONE buys into Busan terminal owned by HMM suitor

Japanese containerline Ocean Network Express (ONE) has completed a long-term partnership agreement with Dongwon Group by acquiring an indirect share in Dongwon Global Terminal Busan (DGT).  The partnership comes at a time when Dongwon, South Korea’s largest fishing company, has repeatedly been tipped to be in the running to mount a takeover bid for HMM, …

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