The Hong Kong-based carrier transported 5.2 percent more containers in the third quarter of 2016 compared to a year earlier, but average revenue per TEU for the quarter fell 18.1 percent year-over-year.
U.S. gross domestic product increased 2.9 percent in the third quarter of 2016, according to the “advance” estimate from the Department of Commerce, following a revised increase of 1.4 percent in the second quarter.
In addition to the six 13,010-TEU Hanjin Shipping vessels to be chartered to Maersk Line, a group led by HSH Nordbank could also acquire another three ships and lease them out to Maersk’s 2M Alliance partner MSC, according to multiple media reports.
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An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.
The U.S. government has signed off on a plan by Crowley Maritime to transfer perishable cargo from Central America to the Miami International Airport for onward delivery to customers in Europe.
The U.S. District Bankruptcy Court in Newark, N.J. will hear from companies today that said Hanjin is not “promptly” informing creditors when ships go off charter.