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Maersk May Target Hanjin, Hyundai in New Acquisition Plan

By Christian Wienberg and Kyunghee Park (Bloomberg) — A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd. Hanjin Shipping Co. last month filed for bankruptcy protection and Hyundai […] The post Maersk May Target Hanjin, Hyundai in New Acquisition Plan appeared first on gCaptain.
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