Asia ocean line in $135M expansion of US box terminal

A West Coast port is upping its container game with a major equipment upgrade. The Port of Tacoma’s Washington United Terminals has signed a contract with HD Hyundai Samho of South Korea for four new cranes. Opened in 1999, WUT is operated by HMM (formerly Hyundai Merchant Marine) ( 011200. KS ) of Seoul, the world’s eighth-largest liner operator. HMM and Samho.