Hyundai Merchant Marine announced Thursday that it will buy a share of a company part-owned by Hanjin Shipping that operates terminals in Seattle and Long Beach

Creditors worried they won’t be properly compensated with the sale proceeds.

Port of Seattle wants MSC to post a bond guarantee before being allowed to purchase Terminal 46.

A court in Seoul approved the sale of Hanjin Shipping’s stake in US port operator Total Terminals International to Mediterranean Shipping Co.

Risks surrounding rapid changes in carrier and terminal industries are a source of confusion for ports and shippers.

Total Terminals International last month set what company executives say is a new North American record by working nine cranes against a vessel, completing 2,285 container moves over eight hours. But the Long Beach terminal operator was seeking more than just bragging rights.

After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.

The Port of Long Beach has released a recirculated draft environmental impact report examining a proposed grain export facility at Pier T on Terminal Island.