HMM CEO Choi Won-hyuk said South Korea’s flagship container carrier will not consider buying back its former liquefied natural gas (LNG) shipping arm, Hyundai LNG Shipping. The company sold its LNG business, mainly comprising long-term shipping contracts with state-controlled LNG importer Korea Gas Corporation to private equity firm IMM for around US$1 billion in 2014 […] The post HMM won’t retry Hyundai LNG bid, says Busan move difficult appeared first on Container News .