Belgium’s port of Antwerp will close 2016 with container throughput above 10m teu for the first time in the history of the port, according to Antwerp Port Authority.
Taiwan’s Wan Hai Lines will join the Thailand-Belawan Service (TBS) from 7 January 2017, a network to be jointly operated with Japan’s K Line.
The Port of Long Beach has approved MSC buy of a Hanjin Shipping’s 54% stake in Total Terminals International (TTI).
It has been a dramatic year for container shipping with five major mergers, and the largest bankruptcy the sector has ever seen.
Rickmers Maritime bondholders have voted against a financial restructuring proposal leaving the possibility of liquidation for the listed shipping trust.
K Line is launching a new direct China – Vietnam – Indonesia container service.
Bankrupt Hanjin Shipping is selling its 54% stake in a Long Beach container terminal to the world’s second largest container line MSC.