HMM to Buy 20 Pct Stake in Total Terminals International
South Korean shipping company Hyundai Merchant Marine (HMM) said that it plans to buy a 20-percent stake in Total Terminals International LLC (TTI), the terminal operator at the largest container terminal at Californian Port of Long Beach.
Report: HMM Bins Long Beach Terminal Bid
South Korean container carrier Hyundai Merchant Marine (HMM) has pulled out of a joint bid with the Mediterranean Shipping Company (MSC) to acquire a majority stake in an operator of a container terminal at California’s Port of Long Beach, the Wall Street
Korea Line Cancels Bid to Buy Hanjin’s Stake in US Terminal
South Korean shipping company Korea Line Corp., part of SM Group, has decided to withdraw from the race for Hanjin Shipping’s stake in US Port of Long Beach container terminal, the firm revealed in its stock exchange filing.
Report: SM Could Ask HMM to Jointly Buy Hanjin’s US Terminal
SM Group, owner of South Korea’s shipping company Korea Line Corp., may propose a joint acquisition of Hanjin Shipping’s 54% stake in a container terminal at California’s Long Beach to another shipping company, Hyundai Merchant Marine (HMM), local media r
Report: Korea Line Cleared to Take Over Hanjin’s Asia-US Route
South Korean shipping company Korea Line Corp. has been selected as the preferred bidder for bankrupt Hanjin Shipping’s Asia-US route and for the firm’s stake in a container terminal at California’s Long Beach, local media reports.
POLB, TTI to Clear Backlog of Hanjin Empties
US Port of Long Beach and terminal operator Total Terminals International (TTI) plan to bring in a container ship to remove up to 4,300 empties in an effort to clear a backlog of empty Hanjin Shipping cargo containers from Southern California.