Independent journal on economy and transport policy
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Hanjin Shipping in negotiations with MSC in order to yield own quota in Total Terminals International
the society manages container terminal in the ports of Long Beach and Seattle
October 21, 2016
The company of South Korean navigation Hanjin Shipping would be dealing with the shipowning group Helvetic Mediterranean Shipping Company (MSC) the cession of own quota majority in the terminalista society Total Terminals International (TTI) that it manages terminal for containers in the American ports of Long Beach and Seattle. It reveals the news agency "Reuters" on the base of declarations returned from a spokesman of the district court that supervises to the procedure of controlled administration regarding the Hanjin.
Al fine to facilitate the negotiations and to agree the terms of the transaction would be named a advisor. Hanjin Shipping possesses 54% of the capital of Total Terminals International, while MSC stops the remaining quota.
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