Red Sea crisis forces Maersk to increase capacity over strategy limit
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© Yali Shi
HMM will reportedly downsize its container terminal operations in Kaohsiung port, in yet another sign of the Taiwanese port’s fading prominence.
The Loadstar understands that there are plans for HMM to return berths 118 and 119, operated by its subsidiary, Kaohsiung HMM Terminal, to Taiwan International Ports Corporation (TIPC) after the 27-year lease expired at the end of 2023.
The South Korean flagship carrier will continue with its Kaohsiung terminal operations with berths 76 to 78, ...
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