nhan dinh keo nha cai week: 01 - 2022

SM Line is said to have paid USD 14 M for a 0.49% share in HMM, which was described as an investment. In November, SM Line was forced to pull a planned IPO, which had previously fuelled rumours that nhan dinh keo nha cai line was planning to use nhan dinh keo nha cai proceeds to buy a significant stake in HMM.

Speculation over HMM’s privatisation has been further clouded after reported remarks by Minister of Oceans and Fisheries member Moon Seong-hyeok suggested nhan dinh keo nha cai government could wait for nhan dinh keo nha cai carrier to fully establish itself financially after nhan dinh keo nha cai pandemic before selling up.

This contrasts with statements made in December that nhan dinh keo nha cai government would sell its stake in 2022, with nhan dinh keo nha cai intention of finding a buyer for at least a portion of its holding by March. HMM, in line with other carriers, is currently making record profits.

SM Line last year aimed to raise USD 510-710 M through an IPO, nhan dinh keo nha cai first for a Korean shipping company since 2007. However weak demand prompted nhan dinh keo nha cai line to halt nhan dinh keo nha cai offering, saying it would try again when conditions improved.

Chinese carriers continue to benefit from subsidies

Chinese companies continue to receive government subsidies despite generating some of ther highest profits on record.

Newly listed Zhonggu Logistics, nhan dinh keo nha cai Chinese domestic carrier which has plans to expand internationally, revealed it had received RMB 322M (USD 50.6M0 in grant in 2021 from a series of programmes including nhan dinh keo nha cai so called Port and Shipping Cooperation Agreement and nhan dinh keo nha cai “Shilk Road” Port and Shipping development fund.

By comparison, nhan dinh keo nha cai compay reported net profits of RMB 1.55 bn (USD 243 M) for nhan dinh keo nha cai first nine months of nhan dinh keo nha cai year.

It received USD 230 M in government funding in 2018 which famously accounted for most of its profit that year. This figure dipped to around USD 130 M in 2019 but rose again to around USD 160M in 2020. nhan dinh keo nha cai amount for 2021 will be confirmed in its full-year results.