Ports

MSC negotiating for Hanjin's share in US port

South-Korean container carrier Hanjin is in negotiations with MSC to sell its share in Long Beach Terminal in California, writes international news agency Reuters.
Photo: Stephen Carr/AP/Polfoto/Arkiv
Photo: Stephen Carr/AP/Polfoto/Arkiv
by KRISTOFFER VEGGERBY

Hanjin Shipping is negotiating with MSC regarding a possible takeover of the collapsed carrier's 54 percent share in the company Total Terminals International LLC, which runs the US Long Beach Terminal.

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