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2018-12-24

HMM Buying Bigger Share In Busan Terminal

HMM Buying Bigger Share In Busan Terminal

South Korean shipper Hyundai Merchant Marine (HMM) will acquire 50 percent ownership in the Hyundai Pusan New-Port Terminal.

Currently, Waska holds 50% stake in the terminal while PSA and HMM hold 40% and 10%, respectively.

HMM will buy 126.9 billion KRW (USD 112.7 million) worth of shares in a private equity fund. Korea Ocean Business Corporation (KOBC) will buy the other half of the shares.

According to the company spokesperson, "In the near future, the private equity fund Yuanta-HPNT will acquire 100% stakes of Waska’s current stake (50% of PHPNT) and then it will re-distribute the stakes to ‘HMM+KOBC (80%)’ and PSA (20%). 'HMM+KOBC’ and PSA will jointly operate Hyundai Pusan New-Port Terminal with equal stakes of 50%.”

2018-12-22

Take advantage of AuctionExport “ORDER A CAR” option!

Take advantage of AuctionExport “ORDER A CAR” option!

Do not spend your time searching for a vehicle. We can do it for you!

If you have a positive account balance and you know what type of the vehicle you are looking for, you can fill in "Order a car" form.

After you submit the form, one of our Sales representatives will search through millions of car listings and will get back to you via email with offers that you requested.

Save your time and money with AuctionExport !

 

2018-12-21

Happy Friday Deal!

If you're ready to buy a car, Friday is high time as you have a chance to save $50 by making a Buy Now Purchase.

So if you have already chosen the vehicle you want to possess you can check if it has the BUY NOW option.

Buy Now Clean Cars - https://www.auctionexport.com/en/cars/clean

BuyNow Salvage Cars - https://www.auctionexport.com/en/cars/fixedprice_salvage

2018-12-20

Financing to Ghana and Nigeria!

Financing to Ghana and Nigeria!

If you do not have the full amount at the moment of purchase, you can apply for our low-interest Financing. Financing program allows you to pay for your car in two installments within two months. For more information about the rates, please click here - https://www.auctionexport.com/en/Home/HowToBuy/Payment

2018-12-18

MSC & Valencia Port joint venture

MSC &  Valencia Port joint venture

Swiss-based Shipping Company (MSC) has joined the Port of Valencia, Spain, on a pilot Internet-of-Things (IoT) project, heading by Traxens, a global solution developer for monitoring and coordinating multimodal transport.

The trial project, launched in September 2018, is aimed at operational efficiency improvement of the port due to easy monitoring of on-site road activity, improved fleet management as well as pre- and post-carriage management.

As part of the project, MSC Spain trucks have been equipped with Traxens’ IoT devices, allowing for near real-time tracking of vehicles movement. This can help port authorities to predict and manage potential congestions, as well as to anticipate truck arrivals at the gates.

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