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.
Registration takes less than 1 minute.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
The future size of feeder vessels will determine how much the legacy locks at the Panama Canal will be utilized by ocean carriers, compared to the new section for big ships.
Thousands of chassis in and around the ports of Los Angeles and Long Beach have containers mounted on them that are either owned or leased by the now insolvent ocean carrier Hanjin Shipping.