5 ms·
That will not be as easy as it may sound. The court (the appointed receivership) is obligated to ensure the best possible price for the assets, so Hyundai is li
by macmac 10y ago
That will not be as easy as it may sound. The court (the appointed receivership) is obligated to ensure the best possible price for the assets, so Hyundai is likely to have to bid for the vessels in competition with other actors. What the government might do (a model used in the past) is to offer Hyundai support (guarantees) for the financing of the purchase, which might enable them to enter a winning bid at a de facto lower cost than the competition.