Bond issuance comes ahead of its merger with United Arab Shipping Co.
Asia-Europe container carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous year’s slump.
US ports will face unprecedented operational challenges when ocean carriers on April 1 restructure their vessel-sharing alliances.
Creditors worried they won’t be properly compensated with the sale proceeds.
Northwest Seaport Alliance receives guarantee it said it needed to withdraw its objection to sale of former Hanjin terminal in Seattle.