Independent journal on economy and transport policy
01:37 GMT+2
LA port to net US$1b with Evergreen lease
(Shipping Times)
March 12, 1998
Lease renewal expected to provide thousands of jobs
By Marcus Hand
[SINGAPORE]
The Port of Los Angeles has signed a lease contract with Taiwan shipping giant Evergreen Marine that will bring over US$1 billion (S$1.62 billion) and thousands of jobs to the US port city.
The deal to renew Evergreen's lease on its terminal at the Port of Los Angeles was signed ...... Read more on Shipping Times
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