President Lee Jae-myung conveyed thanks for the agreement on the transfer of container carrier HMM's headquarters to Busan.
On the 30th, the president said on X (formerly Twitter), "I extend deep thanks to all executives and employees who made a magnanimous decision," and added, "Both labor and management, who continued difficult negotiations, worked very hard."
The president said, "I hope this agreement will serve as an opportunity to enhance the competitiveness of Korea's shipping industry and contribute to balanced regional development," and added, "The government will also spare no necessary support so that HMM can establish itself as a global shipping corporations."
HMM labor and management and the Ministry of Oceans and Fisheries held a "signing ceremony for the labor-management agreement on the transfer of HMM headquarters to Busan" at the Kensington Hotel in Yeouido, Seoul, on the day. Through this agreement, they plan to amend the articles of incorporation regarding the headquarters location at an extraordinary shareholders' meeting on the 8th of next month and then proceed with legal procedures.
The president made HMM's Busan transfer a presidential campaign pledge, and government ministries, including the Ministry of Oceans and Fisheries, have pursued it as a state agenda.