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HMM announces deal for Pusan Port

On January 30, 2019, HMM held a signing ceremony for the 'PSA-Hyundai Pusan New Port Pier 4' sales contract. This sales contract includes that the private equity fund, Yuanta-HPNT, which will acquire stakes of Waska Inc. which holds 50% stakes of PHPNT. HMM will also secure stable berths for 23,000 TEU mega containerships.

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