Last 9,040 KRW
Change Today -230.00 / -2.48%
Volume 2.4M
011200 On Other Exchanges
Korea SE
As of 1:29 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

hyundai merchant marine (011200) Snapshot

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52 Week High
03/7/14 - 12,823
52 Week Low
06/24/14 - 8,142
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hyundai merchant marine (011200) Details

Hyundai Merchant Marine Co., Ltd., an integrated logistics company, provides cargo transportation services. The company offers container services, including the operation of various sized fleet for Transpacific, Asia-Europe, Intra Asia, and Emerging market trade covering approximately 51 routes and 100 ports, as well as offers terminal, intermodal rail, inland, and reefer cargo services. It also offers bulk services, which comprise the operation of tankers, gas carriers, trampers, and bulk liners, as well as provides heavy lift services. The company primarily transports crude oil, LNG, iron ore, and coal products, as well as special products and import/export goods. Hyundai Merchant Marine Co., Ltd. was founded in 1976 and is headquartered in Seoul, South Korea.

Founded in 1976

hyundai merchant marine (011200) Top Compensated Officers

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hyundai merchant marine (011200) Key Developments

Hyundai Merchant Marine Plans Asset Sale

Hyundai Merchant Marine Co. Ltd. (KOSE:A011200) intends to sell more assets. The company seeks to raise $140 millio through the sale of shares in Los Angeles’ California United Terminal and Tacoma’s Washington United Terminals.

ORIX Reportedly Purchases A Stake In Hyundai Merchant Marine’s Logistics Division

ORIX Corporation (TSE:8591) will purchase a stake in logistics division of Hyundai Merchant Marine Co. Ltd. (KOSE:A011200) and could announce an agreement as soon as on July 16, 2014, according to Bloomberg citing people familiar with the plans. One source said that the Board of Hyundai Merchant met on July 15, 2014 to approve the sale and another source said Orix could buy the stake with a South Korean partner.

Hyundai Reportedly In Talks To Sell Stake In Its Logistics Unit

Hyundai Group is planning to raise KRW 3.3 trillion from asset sales to ease a cash crunch. It is reportedly in talks to sell a stake in its logistics unit to Orix Corporation TSE:8591). The details, price and how the stake will be sold are under discussion, group spokesman Lee Jun Ki said by phone on June 9, 2014. Hyundai will sell part of its stake in Hyundai Logistics Co., Ltd. for KRW 650 billion to a special-purpose company that will be formed by Hyundai Merchant Marine Co. Ltd. (KOSE:A011200) and Orix, Seoul Economic Daily reported, citing unidentified officials.


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011200:KS 9,040.00 KRW -230.00

011200 Competitors

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Company Last Change
Evergreen Marine Corp Taiwan Ltd 23.05 TWD +0.30
Neptune Orient Lines Ltd/Singapore $1.00 SGD -0.01
Orient Overseas International Ltd $49.00 HKD -0.30
Yang Ming Marine Transport Corp 17.00 TWD +0.10
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