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Hyundai Merchant Marine to buy Total Terminal International Algeciras

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Algeciras, Spain (PortSEurope) May 13, 2017 – Hyundai Merchant Marine Co. (HMM) has said that it will purchase a 100% stake in the company that controls Total Terminal International Algeciras (TTIA) in southern Spain KRW 117.6 billion won (€95.21 million/$104.1 million). HMM was the preferred bidder for the facility in November 2016 with the formal contract…

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