Seoul - HMM is in the process of buying five 5,000 TEU ships that it had been chartering from Capital Clean Energy Carriers Corporation (CCECC).
CCECC announced that it sold Hyundai Paramount, Hyundai Platinum, Hyundai Premium, Hyundai Prestige and Hyundai Privilege. The sales price was not disclosed, although CCECC expects to book a gain of $118.4 million on the ships, as the attached loans have been repaid.
The purchase is part of the company’s earlier announced plan to expand its fleet by 1.55 million TEUs by 2030, as . . .
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