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XFundManager

01/28/21 6:42 PM

#41080 RE: Agoura Guy #41079

Hyundai approaching bankruptcy

After long negotiations without reaching any agreement in relation of lowering charter rates between Hyundai Merchant Marine and the ship owners, the bankruptcy of the Korean carrier looks to be unavoidable.

Park Chan-ho, the Korea Development Bank spokesman, said that if the ship owners did not cut their fees, they were going to be left with no choice but to file for court receivership. Korean media reported last week that ship owners broke off the talks with HMM having reached no arrangement.

The talks took place but it wasn’t certain how many people took part in the talks. Unconfirmed rumors stated five parties participated in the negotiations.

Tesla 2030 Revenue $100 Trillion, Earnings $29 Trillion

Tesla Expanding to 41 Giga-Factories in Asia !!

This is why Tesla will be worth over 200,000 per share with in 10 years !

Future Tesla Giga factories Elon Musk said he plans to open are the following:


1 Tokyo
2 Jakarta
3 Delhi
4 Mumbai
5 Seoul
6 Shanghai
7 Manila
8 Karachi
9 Beijing
10 Guangzhou-Foshan
11 Osaka-Kobe-Kyoto Nakanoshima
12 Dhaka
13 Bangkok
14 Kolkata
15 Istanbul
16 Tehran
17 Chongqing
18 Tianjin
19 Shenzhen
20 Chengdu
21 Bangalore
22 Lahore
23 Nagoya
24 Ho Chi Minh City
25 Chennai
26 Hyderabad
27 Taipei
28 Hangzhou
29 Dongguan
30 Wuhan
31 Shenyang
32 Hanoi
33 Ahmedabad
34 Kuala Lumpur
35 Hong Kong
36 Singapore
37 Nanjing
38 Zhengzhou-Xingyang
39 Riyadh
40 Baghdad
41 Quanzhou-Shishi-Jinjiang